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The following items were taken from the financial statements of D. Gygi Compa ny. (All amounts are in thousands $1,000 Accumulated depreciation-equipment $5,655 Long-term debt
The following items were taken from the financial statements of D. Gygi Compa ny. (All amounts are in thousands $1,000 Accumulated depreciation-equipment $5,655 Long-term debt Prepaid insurance 880 Accounts payable 1,444 11,500 Notes payable (due after 2016) Equipment 400 Stock investments (long-term) 264 Common Stock 10,000 Debt investments (short-term) 3,690 Retained Earnings 2,955 Notes payable (due in 2016) 500 Accounts receivable 1,696 Cash 8 Inventory 2,66 1,256
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