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The financial statements for Goodwin, Inc. and Corr Company for the year ended December 31, 2023, prior to Goodwin's business combination transaction regarding Corr,
The financial statements for Goodwin, Inc. and Corr Company for the year ended December 31, 2023, prior to Goodwin's business combination transaction regarding Corr, follow (in thousands): Goodwin Corr Revenues $2,700 $600 Expenses 1.980 400 Net income $ 720 $200 Retained earnings 1/1 $2,400 $400 Net income 720 200 Dividends (270) (0) Retained earnings, 12/31 $2.850 $600 Cash $ 240 $ 220 Receivables and inventory 1,200 340 Buildings (net) Equipment (net) Total assets Liabilities 2,700 600 2,100 1,200 $6,240 $2,360 $1,500 $ 820 Common stock Additional paid-in capital Retained earnings Total liabilities & stockholders' equity 1,080 400 810 540 2.850 600 $6.240 $2,360 5. Compute the consolidated expenses for 2023. 6. Compute the consolidated cash account at December 31, 2023. 7. Compute the consolidated buildings (net) at December 31, 2023. 8. Compute the consolidated equipment (net) at December 31, 2023. 9. Compute the goodwill arising from this acquisition at December 31, 2023. 10. Compute the consolidated common stock account at December 31, 2023. 11. Compute the consolidated additional paid-in capital at December 31, 2023. 12. Compute the consolidated liabilities at December 31, 2023. 13. Compute the consolidated retained earnings at December 31, 2023. Please turn in your solutions neatly typed or hand-written
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