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Question Completion Status: QUESTION 9 etcome then d i e amounts that are to be reported for each item within each category of the balance

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Question Completion Status: QUESTION 9 etcome then d i e amounts that are to be reported for each item within each category of the balance This prolem contains partial balance sheet information for Madison Corporacion Compute the amount of sheet. Do not use heading or subtotals. Do not supporting computacions For examples for operating at you would list depreciation and the amount the increase (decre Please remember to put negative amounts in brackets 2020 2012 eivables and the amount . Similarly, you would have categories for investing actives and financing activities Debits Accounts Receivable $83,000 60,000 19,000 Inventory Awalable for sale investments Equipment Patents 98,000 48,000 45.000 53000 64,300 8.000 61,000 4.500 24000 21.000 Credits Allowance for doubtful accounts 5.800 Accumulated depr equipment 30,000 Dividends payable 17.000 Long-term nove payable 36.000 55,000 Common to 140,000 100,000 Paid in capital in excess of par 45.000 25.000 Retained earrings 7000 35.000 Additional information related to 2020 are as follows 1. Equipe that had cost $30,000 and was 40 deprecated at time of disposal was sold for $700 2. Along term nate for $19.000 was sued for the acquisition of equipment Cash was paid for th acquisition of ment. 4. Cash dividends of $7,500 were paid during the year. A patent was purchased for $7.200. 6. Available for sale investments were sold 56.300 above the cont 7. Interest of $15,000 and income of $27.000 were paid in cash

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