Stoker and Co. has the following balance sheet elements as of December 31, 2009.

Required:
Compute the total amount of:
1. Current assets.
2. Long-term assets.
3. Current liabilities.
4. Long-term liabilities.
5. Stockholders' equity

Transcribed Image Text:

$136,000 Mortgage payable Accounts payable Notes payable (short-term) 225,000 Retained earnings 101,000 186,000 72,000 119,000 nventory 98,000 Accounts receivable 215,000 . . ...._ _.. .