The following information pertains to Eura Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit.

Assets

Cash and short-term investments $ 40,000 Accounts receivable (net) 30,000 Inventory 25,000 Property, plant and equipment 215,000

Total Assets $310,000

Liabilities and Stockholders' Equity

Current liabilities $ 60,000 Long-term liabilities 75,000 Stockholders' equity