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Question 4 (40 scores) Condensed financial data of Monopoly Corporation appear below Monopoly Corporation Comparative Balance Sheet December 31 Prior Year 544,000 Cash Accounts receivable

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Question 4 (40 scores) Condensed financial data of Monopoly Corporation appear below Monopoly Corporation Comparative Balance Sheet December 31 Prior Year 544,000 Cash Accounts receivable Inventories Prepaid rent Property, plant, and equipment 528,000 32.000 70,000 2,000 200,000 2,500 224,000 341590 $292 Total assets Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Notes payable (long-term) $38,000 10,000 130,000 534,000 12,000 Question 4 (40 scores) Condensed financial data of Monopoly Corporation appear below Monopoly Corporation Comparative Balance Sheet December 31 Prior Year 544,000 Cash Accounts receivable Inventories Prepaid rent Property, plant, and equipment 528,000 32.000 70,000 2,000 200,000 2,500 224,000 341590 $292 Total assets Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Notes payable (long-term) $38,000 10,000 130,000 534,000 12,000

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