- The accumulated deprecation for 2017 is $188,700

Complete the balance sheet for 2016 : (Round to the nearest dollar.)

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-k: Homework #1 Mich 10 of 12 (12 complete) ar to) data from the following financi 0 Data Table nciation for 2017 is $ 188,700 heet for 2016: (Round to the ne Balar (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 Sales revenue $350,100 Cost of goods sold $141.900 Fixed costs $43.200 Selling, general, and administrative expenses $28.200 Depreciation $46.200 $11 $21 $4 s 91 $36 Siation (-) $14 $8 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $16,100 Notes payable Accounts receivable $27.900 Accounts payable Inventories $47.900 Long-term debt Fixed assets $368,100 OWNERS' EQUITY Accumulated depreciation (-) $142,500 Retained earnings Intangible assets $81,800 Common stock $13,800 $18,800 $190,100 399 $131,800 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 edit fields and then click CH Print Done UUUL.U.06 OF Pt 10 of 12 (12 complete) P2-8 (similar to) Balance sheet. Use the data from the following financial statements in the popup window, Complete the balance sheet. Hint: Find the accumulated de The accumulated depreciation for 2017 is $ 188,700. (Round to the nearest dollar.) Complete the balance sheet for 2016: (Round to the nearest dollar.) Balance Sheet 12/31/2016 ASSETS LIABILITIES Current assets Cash $13,800 Accounts receivable Inventories $18,800 32,600 Total current assets $ Current liabilities $16.100 Notes payable $27.900 Accounts payable $47,900 Total current liabilities 91,900 Long-term debt $368,100 OWNERS' EQUITY $142,500 Retained earnings $81,800 Common stock TOTAL LIABILITIES AND 399,300 OWNERS' EQUITY $190,100 Fixed assets Accumulated depreciation (-) Intangible assets $131,800 TOTAL ASSETS $ Enter any number in the edit fields and then click Check Answer. part Clear All