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The following information is available for Cullumber Inc. Accounts receivable Accounts payable Interest payable Salaries and wages expense Notes payable Common stock Inventory $3,400 3,700
The following information is available for Cullumber Inc.
Accounts receivable
Accounts payable
Interest payable
Salaries and wages expense
Notes payable
Common stock
Inventory
$3,400 3,700 530 5,400 32,500 55,000 2,810 Cash
Supplies
Unearned service revenue
Salaries and wages payable
Depreciation expense
Equipment (net)
$6,240 3,780 940 770 740
Using the information above, prepare a balance sheet as of December 31, 2025. (Hint: Solve for the missing retained earnings amount after first determining total assets and total liabilities.) (List assets in order of liquidity.) 110,600
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