Solve the changes in Balance Sheet. Show your work.

Beginning Inventory	Purchases of Inventory	Cost of Goods Sold	Ending Inventory
110,000	450,000	449,950
790,000	8,250,000		750,000
	3,000,000	2,900,000	1,450,000
450,000		1,750,000	430,000
Beginning Accounts Receivable	Credit Sales	Collections on Credit Sales	Ending Accounts Receivable
175,000	3,450,000	3,465,000
450,000		1,750,000	490,000
	10,000,000	11,000,000	4,000,000
55,000	3,000,000		65,000
Beginning Accounts Payable	Purchases of Inventory	Payments for Inventory	Ending Accounts Payable
75,000	45,000	50,000
55,000	3,000,000		65,000
115,000		795,000	105,000
	10,000,000	11,000,000	4,000,000
Beginning Net Fixed Assets	Purchase (Sale) of Gross Fixed Assets	Depreciation Expenses	Ending Net Fixed Assets
1,300,000		85,000	1,000,000
550,000	75,000		420,000
725,000	45,000	75,000
	-500,000	200,000	4,500,000
Beginning Long Term Debt	Additional Long Term Borrowing	Repayment on Long Term Debt	Ending Long Term Debt
750,000	75,000	0
790,000	1,350,000		2,000,000
	3,000,000	245,000	14,550,000
2,450,000		750,000	4,430,000
Beginning Retained Earnings	Net Income	Dividends to Shareholders	Ending Retained Earnings
10,000,000	2,500,000	500,000
6,150,000		125,000	5,850,000
	315,000	95,000	2,200,000
2,500,000	-100,000		2,100,000