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Waterway Industriescompiled the following financial information as of December 31, 2017: Service revenue$1200000Common stock230000Equipment309000Operating expenses925000Cash282000Dividends75000Supplies42000Accounts payable158000Accounts receivable104500Retained earnings, 1/1/17555000 Waterwayassets on December 31, 2017, are:

Waterway Industriescompiled the following financial information as of December 31, 2017:

Service revenue$1200000Common stock230000Equipment309000Operating expenses925000Cash282000Dividends75000Supplies42000Accounts payable158000Accounts receivable104500Retained earnings, 1/1/17555000

Waterwayassets on December 31, 2017, are:

$1937500.

$618000.

$737500.

$1292500.

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