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Use the following information for the next two questions: You are provided with the following information for Company X: All accounts have normal (positive) balances:

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Use the following information for the next two questions: You are provided with the following information for Company X: All accounts have normal (positive) balances: 11,300 5,500 Accounts Payable Accounts Receivable Building Rent Expense Building Cash 3,000 45,000 14,000 70,000 22,000 Common Stock Cost of Goods Sold Dividends 0 14,000 22,000 19.700 3,400 Equipment Retained Earnings Unearned Revenue Utility Expense Inventories Land Prepaid Insurance Sales Wages Expense Wages Payable 4.800 16,000 1,000 42,000 3,000 1.100 MacBook Pro DI DO 19 $ 4 5 6 & 7 00 9 o Question 26 3 pt Total assets are: $100,300 $90,700 $85,900 $160,700 none of these Question 27 3 pts Net Income is: $9,500 none of these 59,600 $8,700 $10.500 MacBook Pro da DO 96 5 4 G

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