USD ($) Cash Accounts receivable Inventory Investment in Sieger Plant & equipment Parrot Sieger 42,000 59,000 52,000 30,000 30,000 18,000 190,000 0 95,000 80,000 Land 39,000 34,000 Dividends declared 20,000 20,000 Cost of goods sold 130,000 40,000 Operating exepense 20,000 14,000 Total debits 618,000 295.000 Accounts payable 19,000 12,000 Other liabilities 10,000 20,000 Common stock 210,000 140,000 Other contributed capital 60,000 20,000 Retained Earnings 40,000 23,000 Sales 260,000 80,000 Dividend Income 19,000 0 Total credits 618,000 295.000