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Traynor Exercise Equibment, inc reporied the folowing francial ntalerients for 2024 jClick the ioon to view the income statement). (Cick the icon lo vew the

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Traynor Exercise Equibment, inc reporied the folowing francial ntalerients for 2024 jClick the ioon to view the income statement). (Cick the icon lo vew the comparative buianto shoet) Read the teoucthents ascet was $46.800. No cash was received upon disposal. The atquistions of plact ansots amourts io Data table Data table eported the following financial statements for 2024: me statement.) Ei: (Click the icon to view the comparative balance sheet.) Data table Data table Merchandise Inveatory Longherm Assets: \begin{tabular}{lrrr} \hline Plant Assets & 207,600 & 219,400 \\ \hline Accumulated Depreciation-Plant Assets & (39,600) & (33,400) \\ \hline investments & 92,000 & 80,000 \\ \cline { 2 - 4 } & $573,000.5 & 412,000 \\ \hline \end{tabular} Labilities Current Lisbilies: \begin{tabular}{lccc} Accounts Payable & 5 & 79,0005 & 76,000 \\ \hline Salaries Payable & 5,000 & 8,000 \end{tabular} Long-tarm Liabilies. NotesPayabloTotalLlabilities64,000148,00065,000149,000 \begin{tabular}{lrrr} & Stockholders' Equily & & \\ \hline Common Stock, no par & 42,000 & 38,000 \\ \hline Retained Earnings & 283,000 & 225,000 \\ \hline Total Stockholders' Equily & 322,000 & 263,000 \\ \hline Total Liablitios and Stockholderv' Equity & $ & 473,000 & $412,000 \\ \hline \end{tabular} Print Done more help

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