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[The following information applies to the questions displayed below.] Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31

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[The following information applies to the questions displayed below.] Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 This Year Last Year Assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Long-term investments Total assets Liabilities and Stockholders' Equity $ 21 $ 12 294 230 152 196 9 6 476 444. 505 425 (81) (71) 424 354 27 33 $ 927 $ 831 Accounts payable $ 301 $ 226 Accrued liabilities 71 78 Income taxes payable 74 64 Total current liabilities 446 368 Bonds payable 199 170 Total liabilities 645 538 Common stock 163 200 Retained earnings 119 93 Total stockholders' equity 282 293 Total liabilities and stockholders' equity $ 927 $ 831 Weaver Company Calor Income Statement For This Year Ended December 31 753

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