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Presented belowis the trial bslance of Cullumber Corporationat December 31,2020 . Debit Credit Cash $247,800 Sales Revenue. $10,206,000 Debt Irvestments (trading) (at cost, $218.000 )

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Presented belowis the trial bslance of Cullumber Corporationat December 31,2020 . Debit Credit Cash $247,800 Sales Revenue. $10,206,000 Debt Irvestments (trading) (at cost, $218.000 ) Cost of Goods Sold Debt Investments (lone-term) Equity Imvestments (fong-term) Notes Payable (short-term) Accounts Payable Selling Expenser Investment Revenue Land Buitilings Dividends Payable Accrued tabilities Accounts Receivable Accumulated Deprecition-Buldinges Allowance for Doubtul Accounts Administrative Expenses Interest Expense Imventory Gain Notes Pryable (long-term) Equipment Bonds Payable Accumulated Depredation-Equipment Franchlses Common Stock (\$5 par) Treasurystock Patents Retained Earnings: Pald-in Copital in Excess of Par 193200 6.048 .000 376,320 349.440 113,400 572,890 2,520,000 79.800 327,600 1,310,400 171360 120,960 547,680 191,520 31,920 1,134,000 266.200 751,800 100,800 1.134,000 756,000 1,260,000 75,600 201600 1.260 .000 241,080 246,120 Totals $15,517,320$15517,320 Selling Expenses 2,520,000 Investment Rewenue Land Buildings Dividends Payable Accrued Liabilities Accounts Receivable Accumulated Depreciation-Buildings Allowance for Doubtful Accounts Administratlve Expenses Interest Expense Imventory Gain Notes Payable (long-term) Equpment Bonds Payable Accumulated Depreciation-Equipment Franchises Common Stock ( $5 par) Treasury Stock Paterits Retained Earnings Paid-in Capitel in Excess of Par Totals Compute each of the following: 1. Total current wsets 2. Total property, plant, and equipment 3. Total assets. 4. Totar fiabilities 5 Total stockholders equity 79,800 327,600 1,310,400 171,360 120.960 547,690 547,690 191,520 31,920 1,134,000 286,290 751,800 100800 1,134,000 756,000 1.260 .000 75,600 201,600 1,260,000 241000 246.120 98.280 100,800 5 239000 4072000 \( 5 \longdiv { 4 0 7 2 0 0 0 } \) 5 59075:0 5 1214000

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