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Table Current Year Preceding Year 24,000 24,500 75,480 65,000 9,500 198,480 94,000 Balance sheet item: 13,500 S 17,910 $ 51,000 S 75,000 $ 24,630 $

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Table Current Year Preceding Year 24,000 24,500 75,480 65,000 9,500 198,480 94,000 Balance sheet item: 13,500 S 17,910 $ 51,000 S 75,000 $ 24,630 $ 182,040 S 123,000 s S Cash Short-term investments Net receivables Inventory Prepaid expenses Total current assets Total current liabilities S Income statement: Net credit sales 452.600 Cost of goods sold 301,000 Print Done

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