74 Chapter 2 Problem 10 Alpha Caf Unclassified Balance Sheets December 31, 20X1 and 20X2 20X2 $ 30,000 30,000 26,000 18,000 25,000 555,000 (200,000) $484.000 20X1 $ 15,000 Cash 25,000 Marketable Securities 24,000 Accounts Receivable 20,000 Inventory 10,000 Prepaid Expenses 420,000 Equipment (180,000) Accumulated Depreciation $334,000 Total Assets ch Current Liabilities: Serene Accounts Payable $15,000 blonde Accrued Expenses 10,000 Dividends Payable 12 23,000 Mortgage Payable (current) e s lo 20,000 Mortgage Payable (long-term) 150,000 Common Stock 120,000 Treasury Stock nobstbewo (20,000) Retained Earnings gibt 16,000 Total Liabilities and Owners' Equity a $334,000 Required: OTSE $13,000 15,000 26,000 25,000 195,000 140,000 (30,000) 100,000 $484,000 1. Determine the amount of current assets on December 31, 20X1. 2. Determine the amount of current liabilities on December 31, 20X1. 3. Determine the net working capital on December 31, 20X1. 4. Determine the net working capital on December 31, 20X2. 5. Determine the dollar and percentage change in net worki 20x1 to December 31, 20x2. ein net working capital from December Problem 11 The Spartan Inn, a sole proprietorship, has several accounts as foll Room sales accounts as follows