Accounts payable | $194,300 |
Accounts receivable | 545,000 |
Accumulated depreciation-office buildings and equipment | 1,580,000 |
Accumulated depreciation-store buildings and equipment | 4,126,000 |
Allowance for doubtful accounts | 8,450 |
Available-for-sale investments (at cost) | 260,130 |
Bonds payable, 5%, due in 10 years | 500,000 |
Cash | 246,000 |
Common stock, $20 par | |
(400,000 shares authorized; 100,000 shares issued, 94,600 outstanding) | 2,000,000 |
Dividends: | |
Cash dividends for common stock | 155,120 |
Cash dividends for preferred stock | 100,000 |
Goodwill | 500,000 |
Income tax payable | 44,000 |
Interest receivable | 1,125 |
Investment in Pinkberry Co. stock (equity method) | 1,009,300 |
Investment in Dream Inc. bonds (long term) | 90,000 |
Merchandise inventory (December 31, 20Y5), | |
at lower of cost (FIFO) or market | 778,000 |
Office buildings and equipment | 4,320,000 |
Paid-in capital from sale of treasury stock | 13,000 |
Excess of issue price over par-common stock | 886,800 |
Excess of issue price over par--preferred stock | 150,000 |
Preferred $1 stock, $80 par | |
(30,000 shares authorized; 20,000 shares issued) | 1,600,000 |
Premium on bonds payable | 19,000 |
Prepaid expenses | 27,400 |
Retained earnings, January 1, 20Y5 | 9,319,725 |
Store buildings and equipment | 12,560,000 |
Treasury stock | |
(5,400 shares of common stock at cost of $33 per share) | 178,200 |
Unrealized gain (loss) on available-for-sale investments | (6,500) |
Valuation allowance for available-for-sale investments | (6,500) |