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Wing to answer questions 18-21: The summarized balance follows: sheets of Goebel Company and Dobbs Company as of December 31, 2018 are as Goebel Company

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Wing to answer questions 18-21: The summarized balance follows: sheets of Goebel Company and Dobbs Company as of December 31, 2018 are as Goebel Company Balance Sheet December 31, 2018 Assets $2.400.000 Liabilities Capital stock Retained earnings Total equities $ 300,000 1,200,000 900,000 Dobbs Company Balance Sheet December 31, 2014 $1,800,000 Assets Liabilities Capital stock Retained earnings otal equities $ 410,000 1,150,000 240.000 1,800.000

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