December 31, 2012, balance sheet data for Brady Company follow. All accounts are represented.
Amounts indicated by question marks (?) can be calculated using the following additional information.

Required
Determine the following.
a. The balance in accounts receivable as of December 31, 2012.
b. The turnover of assets for 2012.
c. The balance of long-term debt as of December 31, 2012.
d. The balance in retained earnings as of December 2012.

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Assets $ 30,000 Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) 556,000 Liabilities and Stockholders' Equity $ 52,000 28,000 Accounts payable (trade) Income taxes payable (current) Long-term debt Common stock 320,000 Retained earnings continued Additional Infomation Quick ratio (at year end) Working capital Inventory turnover (cost of goods sold + ending inventory) Debt/Equity ratio Gross margin for 2012 1.3 to 1 $84,000 12 times 80% $252,000