Question: 6. Fill in the missing values for Morris Corporation's December 31, 2014 balance sheet. Use the following facts: a} Morris Corporation was incorporated on January

6. Fill in the missing values for Morris Corporation's December 31, 2014 balance sheet. Use the following facts: a} Morris Corporation was incorporated on January 1, 2014. b] Common Stock of $500,000 was issued in 2014. c] Bonds of $1,400,000 were issued in 2014. d) 2014 Net income was $553,000 on sales of $980,000 {all but $202,000 was collected]. e} Dividends of 590.000 were paid during the year. f) Equipment of $120,000 was purchased during the year. g] A building was purchased for $1,440,000. h) On September 30, 2014, additional common stock was sold for $25,000
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