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Assignment Gradebook ORION Downloadable eTextbook ent Do It! Review 2-01a Sunland Company has collected the following informa
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Answer #1
Assets
Current assets
Cash $          20,000
Accounts receivable $          20,500
Inventories $          64,000
Supplies $            5,300
Total current assets $       109,800
Investments
Stock Investments (Long term) $            2,000
Property, plant, and equipment
Equipment $        181,500
Less : Accumulated depreciation $         (53,100)
Net property, plant, and equipment $       128,400
Intangible assets
Goodwill $            4,400
Total assets $       244,600

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