As of January 31st, 2020, Coyote Company owes its suppliers $55,000 and owes its employees $14,000 in future wages. The company also has an outstanding short-term credit line due of $25,000. The company currently has $48,000 in cash on hand and is storing $154,700 of inventory. Its customers owe $82,000 for past purchases made on credit. Equipment worth $275,000, net of accumulated depreciation, is supporting the operation. The company also has an outstanding long-term loan of $154,000. Sales for the year was $847,000. 

Complete the full Balance Sheet for Coyote Company. What is the Owner's Equity for this firm?

Answer rating: 100% (QA)

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