Use the following information to answer the next 8 balance sheet related questions Question 1 What is the balance of the cash and cash equivalents account The following is the adjusted trial balance at December 31, 2018 for the Farmer Enterprises Additional Information 1 The common stock represents 500,000 shares of no par stock authorized, 400,000 shares issued and outstanding 2 The loans to employees are due on February 14, 2020 3 The note receivable is due in installments of $86,250, payable on each June 30 Interest is payable annually 4 Investments consist of $35,000 in treasury bills purchased on November 15 of the current year that mature on January 10, 2019, $45,000 in marketable equity securities the company intends to sell in the next year, with the remaining being marketable equity securities that the company does not plan to sell in the next year 5 Deferred revenue represents customer payments for extended service contracts Forty percent of these contracts expire in 2019, the remainder in 2020 6 Notes payable consists of the following $40,000 note due in six months, $100,000 note due in six years, and $198,000 note due in three annual installments of $66,000 each, with the next installment due August 31, 2019 Question 2 What is the balance of the current asset marketable securities account Question 3 What is the balance of the prepaid expense account Question 4 What is the balance of the non current marketable securities account Question 5 What is the balance of the property, plant, and equipment account (net accumulated depreciation) Question 6 What is the balance of the total assets Question 7 What is the balance of the total current liabilities Question 8 What is the balance of the retained earnings account recorded in the balance sheet Accumulated depreciation building Accumulated depreciation equipment Accounts payable Dividends payable (payable on 1 30 19) Interest payable Interest revenue Taxes payable Accumulated other comprehensive income Deferred revenue Notes payable Allowance for uncollectible accounts Common stock Retained earnings Sales revenue 639,000 229,000 208,000 29,000 35,000 42,000 59,000 125,000 79,000 338,000 27,000 2,076,000 168,950 585,000 Totals 4,639,950 4,639,950

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Use the following information to answer the next 8 balance sheet related questions. Question 1: What is the balance of the cash and cash equivalents

Use the following information to answer the next 8 balance sheet related questions. Question 1: What is the balance of the cash and cash equivalents account?

The following is the adjusted trial balance at December 31, 2018 for the Farmer Enterprises.

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Additional Information:
1. The common stock represents 500,000 shares of no par stock authorized, 400,000 shares issued and outstanding.
2. The loans to employees are due on February 14, 2020.
3. The note receivable is due in installments of $86,250, payable on each June 30. Interest is payable annually.
4. Investments consist of $35,000 in treasury bills purchased on November 15 of the current year that mature on January 10, 2019, $45,000 in marketable equity securities the company intends to sell in the next year, with the remaining being marketable equity securities that the company does not plan to sell in the next year.
5. Deferred revenue represents customer payments for extended service contracts. Forty percent of these contracts expire in 2019, the remainder in 2020.
6. Notes payable consists of the following: $40,000 note due in six months, $100,000 note due in six years, and $198,000 note due in three annual installments of $66,000 each, with the next installment due August 31, 2019. Question 2: What is the balance of the current asset marketable securities account? Question 3: What is the balance of the prepaid expense account? Question 4: What is the balance of the non-current marketable securities account? Question 5: What is the balance of the property, plant, and equipment account (net accumulated depreciation)? Question 6: What is the balance of the total assets? Question 7: What is the balance of the total current liabilities? Question 8: What is the balance of the retained earnings account recorded in the balance sheet?

Accumulated depreciation-building Accumulated depreciation-equipment Accounts payable Dividends payable (payable on 1/30/19) Interest payable Interest revenue Taxes payable Accumulated other comprehensive income Deferred revenue Notes payable Allowance for uncollectible accounts Common stock Retained earnings Sales revenue 639,000 229,000 208,000 29,000 35,000 42,000 59,000 125,000 79,000 338,000 27,000 2,076,000 168,950 585,000 Totals 4,639,950 4,639,950