Calculate the amount of accumulations bevond current needs for XYZ corporation. Current Assets: Cash... Marketable securities (cost) Accounts receivable (net). Inventory..... Property, plant, and equipment (net). Total Assets Current Liabilities: Accounts payable. Long-term debt. Common stock Earnings and profits. Total Liabilities and Equity Sales Cost of goods sold: Beginning inventory. Purchases.. Ending inventory Total Gross profit. Other Expenses: Depreciation Selling expenses and administrative. Interest Total Net income before taxes Income taxes. Net income Income Statement **** 2013 $ 15,000 10,000 55,000 30,000 500,000 $610,000 $ 13,000 147,000 50,000 400,000 $610,000 $ 30,000 220,000 (50,000) $ 70,000 25,000 5,000 2014 $ 30,000 23,000 45,000 50,000 552,000 $700,000 $ 31,000 119,000 50,000 500,000 $700,000 $400,000 (200,000) $200,000 (100,000) $100,000 (25,750) $ 74,250 Additional information: 1. XYZ noted that the market value of the securities was $40,000 as of December 31st, 2014. XYZ estimates the future expansion of the business will require additional $25,000. 2.