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Presented below is the comparative balance sheet for Coronado Company. Coronado Company Comparative Balance Sheet As of December 31, 2021 and 2020 December 31
Presented below is the comparative balance sheet for Coronado Company. Coronado Company Comparative Balance Sheet As of December 31, 2021 and 2020 December 31 2021 2022 Assets Cash $178,800 $273,000 Accounts receivable (net) 222,200 153,500 Short-term investments 267,500 150,200 Inventories 1,068,200 977,000 Prepaid expenses 25,200 25,200 Plant & equipment 2,582,500 1,943,500 Prepaid expenses 25,200 25,200 Plant & equipment 2,582,500 1,943,500 Accumulated depreciation (990,800) (748,300) $3,353,600 $2,774,100 Liabilities and Stockholders' Equity Accounts payable $49,500 $75,500 Accrued expenses 170,500 199,600 Bonds payable 454,200 191,900 Capital stock 2,094,200 1,776,600 Retained earnings 585,200 530,500 $3,353,600 $2,774,100 Prepare a comparative balance sheet of Coronado Company showing the percent each item is of the total assets or total liabilities and stockholders' equity. (Round percentages to 2 decimal places, e.g. 2.25%.) CORONADO COMPANY Comparative Balance Sheet December 31, 2021 and 2020 Assets 2021 December 31 2020 Cash $178,800 % $273,000 aR Accounts 222,200 % 153,500 receivable (net)) Short-term 267,500 % 150,200 % investments Inventories 1,068,200 de 977,000 % Cash $178,800 % $273,000 Accounts 222.200 % 153,500 receivable (net) Short-term 267,500 % 150,200 investments Inventories 1,068,200 % 977,000 de ex Prepaid expenses 25,200 % 25,200 % Plant and 2,582,500 % 1,943,500 % de equipment Accumulated (990,800 ) % (748,300) % depreciation Total $3,353,600 % $2,774,100 96 Total $3,353,600 Liabilities and Stockholders' Equity % $2,774,100 % Accounts payable $49,500 % $75,500 .96 Accrued expenses 170,500 % 199,600 % Bonds payable 454,200 % 191.900 Capital stock 2,094,200 % 1,776,600 xe de se de % % Retained 585,200 96 530,500 % earnings Total $3,353,600 % $2,774,100 de
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