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Wenco Balance Sheet as of December 31, 2016 & 2017 Assets: 2016 2017 Cash 2,000 5,120 Accounts receivable 10,000 11,000 Inventory 14,000 16,000 Total current

Wenco Balance Sheet as of December 31, 2016 & 2017
Assets: 2016 2017
Cash 2,000 5,120
Accounts receivable 10,000 11,000
Inventory 14,000 16,000
Total current assets 26,000 32,120
Property, plant and equipment 76,000 78,000
Accumulated depreciation (24,000) (30,000)
Net property plant & equipment 52,000 48,000
Total assets $78,000 $80,120
Liabilities:
Accounts payable 15,000 17,000
Salaries payable 1,000 0
Interest payable 0 0
Total current liabilities 16,000 17,000
Bonds payable 30,000 30,000
Total liabilities 46,000 47,000
Shareholders' Equity:
Common stock 20,000 17,000
Retained earnings 12,000 16,120
Total stockholders's equity 32,000 33,120
Total liabilities & stockholders's equity $78,000 $80,120

1a. What is Wenco's total value of debt capital for 2017?

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