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Problems: Series B PR 16-1B Statement of Cash Flows (Obj. 2, 3, 4, 5) The comparative balance sheet of Merrick Equipment Co. for December 31,

Problems: Series B PR 16-1B Statement of Cash Flows (Obj. 2, 3, 4, 5) The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows: Cash...... Accounts receivable (net)....... Inventories........ Investments..... Land......... Assets Equipment........ Accumulated depreciation equipment.. Total assets........ Accounts payable......... Accrued expenses payable...... Dividends payable........ Common stock, $1 par....... Liabilities and Stockholders' Equity Details Paid-in capital in excess of par.. Retained earnings........... Total liabilities and stockholders' equity....... Dec. 31, 20Y9 $ 70,720 207,230 298,520 0 295,800 438,600 (99,110) $1,211,760 $ 205,700 30,600 25,500 202,000 354,000 393,960 $1,211,760 Dec. 31, 2018 $ 47,940 188,190 289,850 102,000 0 358,020 (84,320) $901,680 $194,140 26,860 20,400 102,000 204,000 354,280 $901,680 P Additional data obtained from an examination of the accounts in the ledger for 20Y9 a
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The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Ys, is as follows: Details Additional data obtained from an examination of the accounts in the ledger for 20Y9 The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Ys, is as follows: Details Additional data obtained from an examination of the accounts in the ledger for 20Y9

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