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The following accounts appeared on the trail balance of Cullumber Company at December 31, 2020. Notes Payable (short-term) $185,000 Accounts Receivable $550,000 Accumulated Depreciation -

The following accounts appeared on the trail balance of Cullumber Company at December 31, 2020.

Notes Payable (short-term) $185,000 Accounts Receivable $550,000

Accumulated Depreciation - Bldg. 840,000 Prepaid Insurance 55,000

Supplies 39,000 Common Stock 1,125,000

Salaries and Wages Payable 30,000 Unappropriated Retained Earnings 280,000

Debt Investments (long-term) 300,000 Inventory 1,580,250

Cash 150,000 Land 490,000

Bonds Payable Due 1/1/2028 1,000,000 Trading Securities 72,000

Allowance for Doubtful Accts. 7,900 Interest Payable 5,900

Copyrights 185,000 Buildings 1,600,000

Notes Receivable (due in 6 months) 140,000 Accounts Payable 480,000

Income Taxes Payable 145,000 Additional Paid-in Capital 150,000

Preferred Stock 760,000

Appropriated Retained Earnings 290,000

Compute each of the following:

1. Total current assets $

2. Total property, plant, and equipment $

3. Total assets $

4. Total current liabilities $

5. Total stockholders' equity $

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