Question: Great Value Optical Company reported the following amounts on its balance sheet at December 31, 2018 and 2017: Great Value Optical Company reported the following

Great Value Optical Company reported the following amounts on its balance sheet at December 31, 2018 and 2017:

2018 2017 Cash and Receivables Merchandise Inventory Property, Plant, and Equipment, Net Total Assets $ 80,640 $ 80,575 56,840 142,520 54,450 139,975 $ 280,000 S 275,000

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