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Presented below is the adjusted trial balance of Bent Corporation at December 31, 2021. Debit Credit Accounts Payable $ 682,000 Accounts Receivable $ 652.000 Accrued

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Presented below is the adjusted trial balance of Bent Corporation at December 31, 2021. Debit Credit Accounts Payable $ 682,000 Accounts Receivable $ 652.000 Accrued Liabilities 144,000 Accumulated Depreciation- Buildings 228,000 Accumulated Depreciation- Equipment 90,000 Administrative Expenses 1.350.000 Allowance for Doubtful Accounts 38,000 Bonds Payable 1.500,000 Buildings 1,560,000 Cash 295,000 Common Stock ($5 par) 1,500,000 Copyrights & Licenses 240,000 Cost of Goods Sold 7.200,000 Debt Investments 678,000 Equipment 900,000 Equity Investments 416,000 Gain on sale of land 120,000 Goodwill 293,000 Income taxes payable 204,000 Interest Expense 317,000 Inventory 895,000 Investment Revenue 95,000 Land 390,000 Notes Payable 1,450,000 Paid-in Capital in Excess of Par 155,000 Retained Earnings 117,000 Sales Revenue 12,150,000 Selling Expenses 3,000,000 Treasury Stock 287.000 Totals $18.473.000 $18.473.000 The $678,000 balance in the investment in debt investments account represents an includes $250,000 that Bent intends to sell within the next year. Bent intends to keep the remaining. balance as a long-term investment. The bonds payable are due in 2026. The equity securities are a long-term investment. The notes payable balance matures in equal installments over the next ten years. equired Ann-M Required Prepare the following sections of the balance sheet, listing all of the accounts and their balances and indicating the total amount to be reported: 1. Current assets 2. Property, plant, and equipment . 3. Current liabilities Calculate the following amounts to be reported on the balance sheet: 1. Total Assets 2. Total Shareholders' Equity

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