Tango Co is developing is annual financial statements for the current yea. The lotoving amounts vert conta.a December $31,$ current year cash, $$49600,$ Investment in stock of PM$.$ Corporation longerm, $531200$ s$019$ equipment, $$68,000$;$,$ accounts receivable. $$72\mathrm{.}620,$ Inventony, $$162\mathrm{.}000,$ prepaid tem., $$1200$ vaed.$/\%$ equipment held for disposal, $$10600,$ accumulated depreciation, store equigment, $$3510,$ nesmeties payable, $$10600$; long term note payable, $$32800,$ accounis payele, $$59$ $$00,$ retained earring. $$65\mathrm{.}915,$ pa$.$ common stock, $108\mathrm{.}000$ shares ouistanding, par value $51$ per share forgnal, soid and esued $23110$ gR $9248)$