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The following data are adapted from the financial statements of Vaughn's Shops, Inc.: (Click the icon to view the data.) Prepare Vaughn's condensed balance sheet
The following data are adapted from the financial statements of Vaughn's Shops, Inc.: (Click the icon to view the data.) Prepare Vaughn's condensed balance sheet as of December 31, 2018. (Round your answers to the nearest whole dollar.) Vaughn's Shops, Inc. Balance Sheet December 31, 2018 Assets Total Current Assets Plant Assets Less: Accumulated Depreciation Total Assets Liabilities Total Current Liabilities Long-term Liabilities Total Liabilities Stockholders' Equity Stockholders' Equity Total Liabilities and Stockholders' Equity Data Table Total Current Assets $ 1,216,000 Accumulated Depreciation 2,000,000 Total Liabilities 1,460,000 Preferred Stock 0 Debt Ratio 73% Current Ratio 1.60 Enter any number in the edit fields and then
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