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(Related to Checkpoint 3.2) (Review of financial statements) A scrambled list of accounts from the income statement and balance sheet of Belmond, Inc. is found

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image text in transcribed (Related to Checkpoint 3.2) (Review of financial statements) A scrambled list of accounts from the income statement and balance sheet of Belmond, Inc. is found here: a. How much is the firm's net working capital? b. Complete an income statement and a balance sheet for Belmond. c. If you were asked to respond to parts (a) and (b) as part of a training exercise, what could you tell your boss about the company's financia condition based on your answers? \begin{tabular}{|lr} \hline (Click on the icon in order to copy its contents into a spreadsheet.) \\ \cline { 2 - 3 } Inventory & 6,510 \\ Common stock & 45,040 \\ Cash & 16,580 \\ Operating expenses & 1,390 \\ Short-term notes payable & 600 \\ Interest expense & 860 \\ Depreciation expense & 450 \\ Sales & 12,900 \\ Accounts receivable & 9,580 \\ Accounts payable & 4,840 \\ Long-term debt & 55,240 \\ Cost of goods sold & 5,760 \\ Buildings and equipment & 122,200 \\ Accumulated depreciation & 34,280 \\ Taxes & 1,490 \\ General and administrative expense & 800 \\ Retained earnings & ? \\ \hline \end{tabular}

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