Question

The following items are taken from the financial statements of Bannister Company for 2017:

	Accounts Payable	$18,500
	Accounts Receivable	4,000
	Accumulated Depreciation	4,800
	Bonds Payable	18,000
	Cash	24,000
	Common Stock	25,000
	Cost of Goods Sold	13,000
	Depreciation Expense	4,800
	Dividends	5,300
	Equipment	48,000
	Interest Expense	2,500
	Patents	7,500
	Retained Earnings, January 1	16,000
	Salaries Expense	5,200
	Sales Revenue	36,500
	Supplies	4,500

Fill in the appropriate amounts to the questions in the answer box below. BE SURE TO SHOW YOUR CALCULATIONS otherwise there is no way to give you partial credit. BE SURE to label each of your answers so I can tell which part you are answering

a. Total current assets

b. Total Property Plant and Equipment

c, Total Assets

d. Total Current Liabilities

e. Total Long Term Liabilities

f. Total Liabilities

g. Ending Retained Earnings

h. Total Stockholders Equity

i. Total Revenues

j. Total Expenses

k. Net Income

Answer 1

for any clarification please comment.