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Please use the following information to answer questions 29-31: Nat Corporation reported the following amounts on its balance sheet on December 31, 2020: Inventory Notes

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Please use the following information to answer questions 29-31: Nat Corporation reported the following amounts on its balance sheet on December 31, 2020: Inventory Notes payable (Due in 2 years) Cash Contributed capital Property, plant and equipment Accounts receivable Accounts payable Retained earnings $ 300,000 100,000 200,000 800,000 600,000 500,000 400,000 What is the amount of Total assets at 12/31/2020 for Nat? $1,600,000 O $1,000,000 $500,000 5600,000 Question 30 2.5 pts What is the amount of Total liabilities for Nat at 12/31/2020? $100,000 O $500,000 $600,000 O $400,000 > Question 31 2.5 pts What is the amount of retained earnings at 12/31/2020 for Nat? $1.100,000 None of the other answers is correct. $300,000 O $800,000

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