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Preparing the Financial Statements Listed below are items reported on the financial statements of the Huntington Company as of June 30, 2016: Cash flow provided

Preparing the Financial Statements Listed below are items reported on the financial statements of the Huntington Company as of June 30, 2016:

Cash flow provided by operating activities $39,000
Cash at June 30, 2015 6,000
Cash at June 30, 2016 36,000
Inventory 5,500
Accounts receivable 15,200
Cash flow from investing activities (10,300)
Other current assets 1,500
Property, plant and equipment 50,000
Other long-term assets 17,500
Cash flow from financing activities 1,300
Current liabilities 22,000
Long-term liabilities 16,250
Intangible assets 9,500
Common stock 60,000
Retained earnings ?

Required Prepare a classified balance sheet as of June 30, 2016, and statement of cash flows for 2016.

Use negative signs with your answers if shown above as a negative number. image text in transcribed image text in transcribed

HUNTINGTON COMPANY Balance Sheet June 30, 2016 Assets Liabilities & Stockholders' Equity Current Assets: Liabilities: Long-term Liabilities Inventory 0 Total Liabilities Total Current Assets Stockholders' Equity Long-term Assets: Intangible Assets Total Stockholders' Equity Total Long-term Assets Total Assets Total Liabilities and Stockholders' Equity

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