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The end-of-year statement of financial position for Bargain Spot Fabrics consisted of the following amounts: Cash $ Accounts 90,000 receivable $265,000 Property, plant, and equipment
The end-of-year statement of financial position for Bargain Spot Fabrics consisted of the following amounts: Cash $ Accounts 90,000 receivable $265,000 Property, plant, and equipment 365,000 Long-term debt Long-term debt 215,000 Common shares 515.000 Accounts payable 115,000 Retained earnings 65,000 Inventory 190,000 What amount should the company report on its statement of financial position for total assets? O $515,000 O $1,820,000 $545,000 $910,000
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