Pruitt Sedbrook Corporation Company Cash $90,700 $95,500 Accounts Receivable (net) 245,700 135,200 Inventory 1/1 163,900 131,800 Investment in Sedbrook Co. 623,070 Other Assets 551,000 483,900 Dividends Declared 110,800 34,800 Purchases 936,900 418,500 Other Expenses 197,300 163,300 Total $2,919,370 $1,463,000 Accounts Payable $76,800 $36,000 Other Liabilities 119,700 47,300 Common Stock 872,500 596,400 Retained Earnings (1/1) 599,800 143,200 Sales 1,219,250 640,100 Dividend Income 31,320 - Total $2,919,370 $1,463,000 Ending Inventory $218,900 $142,800