I need amounts for total current assets, total assets, retained earning, dec 31, year 1, and tiotal stockholders equity:Gross profit $1,554,000Total selling expenses $885,000Total administrative expenses $267,500Total operating expenses $1,152,500Income from operations $401,500Net other expenses and income $68,000Income tax $140,500Net income $329,000Earnings per common share (rounded to the nearest cent) $2.29Retained earnings, January 1, Year 1 $9,319,725Total current assets $Investment in Dream Inc. bonds $90,000Total property, plant, and equipment $11,174,000Total assets $Total current liabilities $238,300Net long-term liabilities $519,000Total liabilities $757,300Total paid-in capital preferred 5% stock $1,750,000Total paid-in capital common stock, $20 par $2,886,800Total paid-in capital $4,649,800Retained earnings, December 31, Year 1 $Total stockholders' equity
I need amounts for total current assets, total assets, retained earning, dec 31, year 1, and tiotal stockholders equity:Gross profit $
1,554,000
Total selling expenses $
885,000
Total administrative expenses $
267,500
Total operating expenses $
1,152,500
Income from operations $
401,500
Net other expenses and income $
68,000
Income tax $
140,500
Net income $
329,000
Earnings per common share (rounded to the nearest cent) $
2.29
9,319,725
Total current assets $
Investment in Dream Inc. bonds $
90,000
Total property, plant, and equipment $
11,174,000
Total assets $
Total current liabilities $
238,300
Net long-term liabilities $
519,000
Total liabilities $
757,300
Total paid-in capital
1,750,000
Total paid-in capital common stock, $20 par $
2,886,800
Total paid-in capital $
4,649,800
Retained earnings, December 31, Year 1 $
Total
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