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The accumulated depreciation for 2017 is $189100 Complete the balance sheet for 2016 ans 2017 (Round to the nearest dollar.) Partial Income Statement Year Ending

The accumulated depreciation for 2017 is $189100

Complete the balance sheet for 2016 ans 2017

(Round to the nearest dollar.)

Partial Income Statement Year Ending 2017

Sales revenue

$350,000

Cost of goods sold

$141,800

Fixed costs

$43,100

Selling, general, and administrative expenses

$27,900

Depreciation

$45,900

Partial Balance Sheet 12/31/2016

ASSETS

LIABILITIES

Cash

$15,900

Notes payable

$13,800

Accounts receivable

$28,200

Accounts payable

$18,900

Inventories

$47,800

Long-term debt

$190,200

Fixed assets

$368,100

OWNERS' EQUITY

Accumulated depreciation (-)

$143,200

Retained earnings

Intangible assets

$82,000

Common stock

$132,000

Partial Balance Sheet 12/31/2017

ASSETS

LIABILITIES

Cash

$25,800

Notes payable

$12,200

Accounts receivable

$19,100

Accounts payable

$24,100

Inventories

$53,200

Long-term debt

$161,900

Fixed assets

$447,900

OWNERS' EQUITY

Accumulated depreciation (-)

Retained earnings

Intangible assets

$81,900

Common stock

$181,800

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