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The balance sheet for Carla Vista Co. is as follows: Carla Vista Co. Balance Sheet December 31, 2022 Cash $ 24,000 Accounts payable $
The balance sheet for Carla Vista Co. is as follows: Carla Vista Co. Balance Sheet December 31, 2022 Cash $ 24,000 Accounts payable $ 3,800 Accounts receivable 22,700 Salaries and wages payable 2,800 Inventory 11,100 Note payable (due 2025) 153,000 Supplies 1,300 Total liabilities 159,600 Prepaid insurance 2,700 Land 25,800 Buildings $249,000 Common stock 40,000 Less: Accumulated depreciation (113,500) 135,500 Retained earnings 25,700 Trademark 2,200 Total stockholders' equity 65,700 Total assets $225,300 Total liabilities and stockholders' equity $225,300 Compute (a) total current assets and (b) total property, plant and equipment. (a) Total current assets (b) Total property, plant and equipment A $ A
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