Question # 6 The following information is assembled for the Benson Corporation Balance sheet 2010 (S 5,625) 68,625 62,000 95,000 (20,000) 20,000 30,000 250,000 2011 $45,875 50,000 80,000 130,000 Assets Cash (over draft in 2010) Accounts receivable Inventories Plant and equipment (21,500) Less allowance for depreciation 8,000 Investment in securities Patents $292,375 Total Liabilities and stock holder equity Interest payable Dividend payable S4,000 S 2,000 6,000 3,000 30,000 40,000 Accounts payable