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The following December 31, 2018, fiscal year end account balance information is available for the Stonebridge Corporation: Cash and cash equivalents Accounts receivable (net) Inventories

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The following December 31, 2018, fiscal year end account balance information is available for the Stonebridge Corporation: Cash and cash equivalents Accounts receivable (net) Inventories S 6,100 31,000 71,000 Property, plant, and equipment (net) 175,000 50,000 22,000 155, 000 Accounts payable Wages payable Paid-in-capital The only asset not listed is short-term investments. The only liabilities not listed are a $41,000 note payable due in two years and related accrued interest of $1,000 due in four months. The current ratio at year-end is 1.5.1 Required: Determine the following at December 31, 2018: 1 Total current assets 2. Short-term investments 3. Retained eamings Prev 1 of 3 Next > in w @.a :3

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