Compute the missing amounts in the following financial statements. You may assume that accounts receivable relate only to credit sales and that accounts payable relate only to credit purchases of inventory. There were no sales of property and equipment during 2015 and any purchases of property and equipment were made using cash. What is your assessment of the company’s financial performance in 2015?

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Balance Sheet at Current assets Cash..... Marketable securities. December 31, 2014 December 31, 2015 $ 18,000 2,000 $ 5,000 Accounts receivable. 8,000 10,000 Merchandise inventory. 41,000 58,000 Prepaid advertising.. 13,000 16,000 Total current assets.. 82,000 104,000 Property, plant and equipment (cost). ? 201,000 Accumulated depreciation.. (41,000) (52,000) Land. LATTE 12,000 19,000 Intangible assets 12,000 ? Total assets.. $227,000 Current liabilities Accounts payable. Wages payable. Interest payable Dividends payable Taxes payable... Total current liabilities. Long-term debt Shareholders' equity Common stock. $ 18,000 $282,000 $ ? 15,000 18,000 ? 6,000 2,000 4,000 5,000 1,000 48,000 50,000 46,000 ? 121,000 160,000 Retained earnings 22,000 Treasury stock ? Total liabilities and shareholders' equity... $227,000 32,000 (12,000) $282,000