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what is the total asset Date incorporated Employer identification number Beginning of period inventory Purchases of inventory End of period inventory January 1, 2007 2007-57445
what is the total asset Date incorporated Employer identification number Beginning of period inventory Purchases of inventory End of period inventory January 1, 2007 2007-57445 $3,200,000 $4,500,000 $2,000,000 Gross sales Returns and allowances $12,500,000 $200,000 Other Income: Royalties Dividends received $130,000 $240,000 Costs: Repairs $150,000 Advertising $700,000 Bad debts $35,000 Employee benefits $800,000 Salary and wages to company employees $3,200,000 Compensation of corporate officers $1,300,000 Interest paid on bonds $88,365 Charitable contributions $10,000 Rent paid $265,800 Estimated total tax paid in 4 installments of $17,250 to US government during 2018, so taxes paid = $69,000
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