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Smithson Corporation had the following selected balance sheet changes for the past year Assets and contra-assets Cash Accounts receivable Inventory Prepaid expenses $47,000 $15,000 $19,000

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Smithson Corporation had the following selected balance sheet changes for the past year Assets and contra-assets Cash Accounts receivable Inventory Prepaid expenses $47,000 $15,000 $19,000 S (7,200) $11,500 $25,000 Accounts payable Wages payable Taxes payable (14,000) $10,000 ? A. $44,700 B. $106,300 oc. $15,000 O D. $24,000 Smithson Corporation had the following selected balance sheet changes for the past year Assets and contra-assets Cash Accounts receivable Inventory Prepaid expenses $47,000 $15,000 $19,000 S (7,200) $11,500 $25,000 Accounts payable Wages payable Taxes payable (14,000) $10,000 ? A. $44,700 B. $106,300 oc. $15,000 O D. $24,000

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