Question: Need a balance sheet and a financial statement. Assets are buildings worth $1,414,129 with accumulated depreciation of $71,060 at 12/31/08 and land worth 150,000. Plus

Need a balance sheet and a financial statement.

Assets are buildings worth $1,414,129 with accumulated depreciation of $71,060 at 12/31/08 and land worth 150,000. Plus new building bought 6/22/09 worth $525,000. The rental income at 11/20/09 is $149,251 year to date. The mortgage balance to date is $1,775,717.71. The interest paid to date is $77,807.71. The partners’ capital account was $140,654 at 12/31/08.

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