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Gross plant & equipment 5,000,000 Accounts payable 230,000 Inventories 200,000 Other current liabilities 80,000 Net accounts...

Gross plant & equipment 5,000,000

Accounts payable 230,000

Inventories 200,000

Other current liabilities 80,000

Net accounts receivable 550,000

Accrued expenses 90,000

Accumulated depreciation 110,000

Long-term debt 4,000,000

Cash 310,000

Prepare a balance sheet. What does this tell you?

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