The following information is available for Buckeye Company: 

 January 1, 2003 December 31, 2003 

Cash $25,000 $30,000 Land 40,000 42,000 Notes payable 29,000 45,000 Retained earnings 33,000 52,000 Accumulated depreciation 4,000 7,000 Supplies 8,000 10,000 Accounts payable 16,000 17,000 Equipment 20,000 ? Accounts receivable 11,000 26,000 Contributed capital 40,000 40,000 Inventory 18,000 24,000 

During 2003, Buckeye Company reported sales revenue of $98,000, salaries expense of $22,000, rent expense of $17,000, and cost of goods sold. Additionally, Buckeye Company paid $9,000 of dividends during 2003. (Note - the amount of cost of goods sold has been intentionally omitted from this problem). 

Calculate the amount of equipment reported in Buckeye Company's balance sheet at December 31, 2003. Do not use decimals in your answer. 

The following information is available for Buckeye Company: 

 January 1, 2003 December 31, 2003 

Cash $25,000 $30,000 Land 40,000 42,000 Notes payable 29,000 45,000 Retained earnings 33,000 52,000 Accumulated depreciation 4,000 7,000 Supplies 8,000 10,000 Accounts payable 16,000 17,000 Equipment 20,000 ? Accounts receivable 11,000 26,000 Contributed capital 40,000 40,000 Inventory 18,000 24,000 

During 2003, Buckeye Company reported sales revenue of $98,000, salaries expense of $22,000, rent expense of $17,000, and cost of goods sold. Additionally, Buckeye Company paid $9,000 of dividends during 2003. (Note - the amount of cost of goods sold has been intentionally omitted from this problem). 

Calculate the amount of gross profit earned by Buckeye Company during 2003. Do not use decimals in your answer. 

The following information was taken from the accounting records of ZZ, Inc. for the year ended December 31, 2005: 

Cash $20,000 Utilities Expense $ 7,000 Cost of Goods Sold $36,000 Copyright $10,000 Accounts Payable $37,000 Retained Earnings $34,000 (at January 1, 2005) Inventory $67,000 Wage Expense $18,000 Dividends $ 6,000 Sales Revenue $79,000 Income Tax Expense $ 6,000 Contributed capital $65,000 Equipment $45,000 

Calculate the total amount of owners' equity reported by ZZ, Inc. in its balance sheet as of December 31, 2005. Do not use decimals in your answer.