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Required information The following information applies to the questions displayed below.) Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December

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Required information The following information applies to the questions displayed below.) Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 This Year Last Year Assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment 310 159 s 11 228 195 471 Less accumulated depreciation Net property, plant, and equipment Long-term investments Total assets 511 86 425 27 439 433 71 362 34 $ 923 $835 Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Common stock Retained earnings Total stockholders' equity 303 71 72 446 195 641 162 120 282 $225 78 65 368 170 538 201 96 297 Total liabilities and stockholders' equity 923 $835

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