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Sheridan Company compiled the following financial information as of December 31, 2022: Service revenue $1166000 Common stock 227000 Equipment 317000 Salaries and wages expense 394000
Sheridan Company compiled the following financial information as of December 31, 2022:
Service revenue | $1166000 |
Common stock | 227000 |
Equipment | 317000 |
Salaries and wages expense | 394000 |
Rent expense | 98500 |
Depreciation expense | 492500 |
Cash | 275000 |
Dividends | 84000 |
Supplies | 36000 |
Accounts payable | 157000 |
Accounts receivable | 120500 |
Retained earnings, 1/1/22 | 589000 |
Sheridan's total stockholders equity at December 31, 2022 is:
A) $686000.
B) $997000.
C) $913000.
D) $877000.
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