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Use the following end-of-year account balances and other information to calculate the amounts on the Income Statement Statement of Retained Earnings, and Balance Sheet for

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Use the following end-of-year account balances and other information to calculate the amounts on the Income Statement Statement of Retained Earnings, and Balance Sheet for the year ended December 31, 2050. Enter numbers without dollar signs, and provide commas. For example, five million dollars would be entered: 5,000,000. Provide ratios with the format: 99.9 Gross Profit is: $ Operating Income/Income from Operations is $ Net Income is: $ Ending Balance in Retained Earnings is: $ Total Current Assets is: $ Total Property. Plant, and Equipment ist $ Total Current Liabilities is: $ Total Long term Liabilities is: 5 Total Stockholders Equitys: 5 F6 FO CD % 2 & 7 7 3 5 Total Current Assets is: $ Total Property, Plant, and Equipment is: $ Total Current Liabilities is: $ I Total Long-term Liabilities is: $ Total Stockholders' Equity is: $ Current Ratio (to one decimal place) is: to 1 Gross Profit Percentage (to one decimal place) is: % Cash 20,100 Accounts Receivable 7.800 Merchandise Inventory 33,000 Supplies 4.200 Prepaid Insurance 2.600 XC Cash 20,100 Accounts Receivable 7,800 Merchandise Inventory 33,000 Supplies 4,200 Prepaid Insurance 2,600 Land 20,000 Building 52,000 Accumulated Depreciation - Bldg 4,000 Accounts Payable 5.150 Salarles Payable 3.200 Unearned Sales Revenue 3,000 Note Payable (due 2065) 16.000 Common Stock 27.350 2 Note Payable (due 2065) 16,000 Common Stock 27,350 Retained Earnings, January 1, 2050 57.900 Dividends 8,100 Sales Revenue 41,200 Sales Discounts 200 Sales Returns and Allowances 600 Cost of Goods Sold 6,200 Selling Expenses 2.400 Administrative Expenses 3,000 Interest Revenue 3.500 Interest Expense 1.100 De

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