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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 December 31, 2015 and
[The following information applies to the questions displayed below.] Comparative financial statements for Weaver Company follow Weaver Company Comparative Balance Sheet December 31, 2015 and 2014 2015 2014 Assets Cash Accounts receivable Inventory Prepaid expenses $ 2 $ 12 228 195 310 157 8 440 477 509 (86) 70) 423 28 Total current assets Property, plant, and equipment 430 Less accumulated depreciation Net property, plant, and equipment Long-term investments Total assets 360 35 $928 $835 Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Income taxes payable $301 224 80 64 70 73 368 170 Total current liabilities 199 643 161 Bonds payable Total liabilities 538 Common stock Retained earnings 201 96 297 $928 $835 124 Total stockholders' equity 285 Total liabilities and stockholders' equity
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