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The following accounts appeared on the trail balance of Sheridan Company at December 31, 2020 $ 195,000 Accounts Receivable $ 510,000 730,000 Prepaid Insurance 60,000

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The following accounts appeared on the trail balance of Sheridan Company at December 31, 2020 $ 195,000 Accounts Receivable $ 510,000 730,000 Prepaid Insurance 60,000 35,000 Notes Payable (short-term) Accumulated Depreciation - Bldg. Supplies Salaries and Wages Payable Debt Investments (long-term) Cash Common Stock 1.025,000 30,000 Unappropriated Retained Earnings 250,000 240.000 Inventory 1,680,250 440,000 73,000 5,400 130,000 Land 1,100,000 Trading Securities 7.300 Interest Payable 195,000 Buildings 130,000 Accounts Payable 155,000 Additional Paid-in Capital 730,000 Bonds Payable Due 1/1/2028 Allowance for Doubtful Accts. Copyrights Notes Receivable (due in 6 months) Income Taxes Payable Preferred Stock Appropriated Retained Earnings 1,600,000 420,000 100,000 240,000 Compute each of the following: 1 Total current assets $ 2 Total property, plant, and equipment $ 3 Total assets $ 4 Total current liabilities $ un Total stockholders' equity $

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