QUESTION 1 Partial Income Statement At the End of 2019 Sales revenue $350,200 $142,000 $43,000 Cost of goods sold Fixed costs Selling, general, and administrative expenses Interest expense Depreciation $27,800 $0 $45,800 Tax rate 40% ASSETS Cash $14,200 Accounts receivable $18,800 Inventories Partial Balance Sheet 2018 LIABILITIES $16,100 Notes payable $27,800 Accounts payable $47,900 Long-term debt $367,800 OWNERS' EQUITY $143,000 Accumulated retained earnings $81,900 Common stock $189,900 Gross fixed assets Accumulated depreciation () Intangible assets $131,900 Partial Balance Sheet 2019 ASSETS LIABILITIES $11,800 Cash and marketable securities Accounts receivable $24,100 $161,800 Inventories $26,000 Notes payable $19,200 Accounts payable $53,200 Long-term debt $448,200 OWNERS' EQUITY Accumulated retained earnings $82,000 Common stock Gross fixed assets Accumulated depreciation (-) Intangible assets $181,900 ASSETS Cash $14,200 Accounts receivable $18,800 Inventories Partial Balance Sheet 2018 LIABILITIES $16,100 Notes payable $27,800 Accounts payable $47,900 Long-term debt $367,800 OWNERS' EQUITY $143,000 Accumulated retained earnings $81,900 Common stock $189,900 Gross fixed assets Accumulated depreciation () Intangible assets $131,900 Partial Balance Sheet 2019 ASSETS LIABILITIES $11,800 Cash and marketable securities Accounts receivable $24,100 $161,800 Inventories $26,000 Notes payable $19,200 Accounts payable $53,200 Long-term debt $448,200 OWNERS' EQUITY Accumulated retained earnings $82,000 Common stock Gross fixed assets Accumulated depreciation (-) Intangible assets $181,900 Questions 1 to 6 are based on the partial income statement and balance sheet above. Answers to questions 2 and 3 rely on your answers to question 1. What is the Accumulated depreciation of 2019? O $200,000 O $129,000 O $188,800 O $100,000 QUESTION 2 Based on the partial income statement and balance sheet in Q1, what is the Accumulated retained earnings of 2018 and 2019? (Hint: balance sheet identity) O $35,300; $38,500 O $43,700; $60,200 $47,100; $11,500 O $40,400; $50,000 QUESTION 3 Based on the partial balance sheets for 2018 and 2019 in Q1, what are the Retained earnings in 2019? O $16,500 O $60,000 O $43,700 O $38,460 QUESTION 4 Based on the partial income statement and balance sheet in Q1, what is the Distributed earnings (dividends) in 2019? $38,460 O $30,500 $49,000 O $28,980 QUESTION 5 Based on the partial income statement and balance sheet in Q1, what is the Net financial debt in 2019? O $135,800 O $146,800 O $190,200 O $208,900 QUESTION 6 Based on the partial income statement and balance sheet in Q1, what is the Net Working Capital, operational in 2019? O $40,100 O $31,090 O $36,500 O $29,800