| MONOPOLY CORPORATION | Comparative Balance Sheet | December 31 | | Current Year | Prior Year | Assets | Cash | $34,040 | $22,400 | Accounts receivable | | 31,600 | Inventories | | 69,600 | Prepaid rent | 2,060 | 1,600 | Property, plant, and equipment | 218,000 | 196,000 | Accumulated depreciation | (52,600) | (38,000) | Total assets | $324,300 | $283,200 | Liabilities and Stockholders'Equity | Accounts payable | $37,200 | $33,600 | Accrued Liabilities | 10,000 | 11,600 | Notes payable (long-term) | 128,000 | 146,000 | Contributed capital | 46,000 | 23,000 | Retained earnings | 103,100 | 69,000 | Total liabilities andstockholders' equity | $324,300 | $283,200 |
- Balance Sheet
- Income Stmt
- Cash Flow Stmt
Solve for the missing numbers. | | MONOPOLY CORPORATION | Income Statement | Year Ended December 31 | Sales | | $461,500 | Expenses | | | Cost of goods sold | $286,000 | | Selling, general and administrativeexpenses | 92,000 | | Depreciation expense | | | Interest expense | 8,600 | | Income taxes | | 417,800 | Net income | | $43,700 |
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