Question 11 (15 points) Alden Corporation's most recent c Ending Beginning Balance Balance Assets s 7,000 $12,000 2,000 39,000 24,000 9,000 83,000 100,000 Accounts receivabl. 11,000 Inventory Long-term investments Property, plant, and equipment 23,000 ation Liabilities and Stockholders Equity Accounts payable Income taxes payable Bonds payable.. ommon stock $9,000 $28,000 2,000 16,000 10,000 42,000 30,000 1,000 etained eamings Total liabilities and stockholders' equity Alden's net income was 534,000. No equipment was purchased and no long-term investments were sold. There was a gain of $3,000 when equipment was sola. The accumutated depreciation on the equipment that was sola was $12,000. Cash dividends of $20,000 were ceciared and paid during the year