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QUESTION 1 1. A rm's balance sheets as ofthe December 31. 2015 and 2016 show the following items: 2015: Cash = $9,015,500: Account Receivable =

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QUESTION 1 1. A rm's balance sheets as ofthe December 31. 2015 and 2016 show the following items: 2015: Cash = $9,015,500: Account Receivable = $9,000,000: Inventory = $4,500,000: Gross Fixed Assets = 510,922,000; Accumulated Depreciation = $1,243,000: Retained Eamings = $1,552,500; ICapital Surplus = 55,500,000: Common Stock {$0.50 par] = $4,500,000; Notes Payable = $0,521,000; Long term debt = $2,500,000: Accounts Payable = $0,551,000. 2015: Cash = $11,090,000; Account Receivable = $2,500,000; Inventory = $5.200,000.' Gross Fixed Assets = $13,224,000: Accumulated Depreciation = $1,025,000; Retained Earnings = $1,952,500; Capital Surplus = $11,300,000; Common Stock {$0.50 par] = 54,300,000; Notes Payable = $2,223,000; Long term debt = $1,500,000: Accounts Payable = $5,132,000. Calculate the total assets in 2015. c \"535.9210 - no r: 35314213 - m r (3534,3335 - on c \"533.1455 - on

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