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The following information will be used for two questions on the exam. The following accounts appeared on the trial balance of Plague Incorporated at December

  1. The following information will be used for two questions on the exam.

    The following accounts appeared on the trial balance of Plague Incorporated at December 31, 2020. Assume that the number below is a debit or credit balance if the account normally has a debit or credit balance and add or subtract accordingly for the total. Using this information, answer the question below:

    Accounts Receivable 62,208
    Accumulated Other Comprehensive Income 49,194
    Accumulated Depreciation - Bldg. 93,960
    Additional Paid-in Capital 19,656
    Allowance for Doubtful Accts. 936
    Bonds Payable Due 1/1/2028 144,000
    Buildings 231,120
    Cash 20,430
    Common Stock 135,000
    Copyrights 23,148
    Debt Investments (long-term) 33,768
    Income Taxes Payable 18,720
    Interest Payable 684
    Inventory 189,630
    Land 55,800
    Notes Payable (maturing on 3/1/21) 23,040
    Notes Receivable (maturing on 6/15/21) 16,560
    Preferred Stock 90,000
    Prepaid Insurance (maturing 8/1/21) 6,750
    Retained Earnings 73,440
    Salaries and Wages Payable 4,104
    Supplies 4,536
    Trading Securities 8,784

    What is Plague Incorporated's total stockholders' equity to be shown on the December 31, 2020 balance sheet?

    $380,880

    $283,554

    $325,080

    $72,702

    $307,530

    $192,960

    $95,742

    $307,962

    $367,290

    $318,096

    $291,402

    $42,444

    None of the other answer choices is correct.

    $298,440

    $46,548

    $347,634

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