Transaction 5 & 10

COMPREHENSIVE APPLICATION PROJECT accounts (balances as of Dec. 31, 2016) that will be needed to all appropriate transactions 80.0 e an thhe em The following is a list of accurately complete this project. You will have to journalize associated with 2017 (if decimals exist, please associated with the transactions below round to the nearest whole number). In addition, you will need to prepare an sheet for December 31, 2017 income statement, a retained eanings statement, and a dotailed, comprohensive balance ote 2838 241 103,000 Long-term 20 Treasury Stock $135,000 Interest Payable $80,000 SUTA Taxes Payable $1,434,485 $663,500 10,000 ?? LIFO Reserve $129,620 $43,035 $1,000,000 518,500 value $65,000 $1,590,000 $56,884 $141,797 tion Discount on Bonds Payabl (1) Purchased inventory of $940,000 by paying $650,000 on account and the remainder in cash (2) Paid the dividends that were owed. (3) Paid the estimated warranties owed