Question: Can you please please help answer this question? Thank you soooo soo much!!! Jobim Inc., had the following condensed balance sheet at the end of

Can you please please help answer this question?

Can you please please help answer this question? Thank you soooo soomuch!!! Jobim Inc., had the following condensed balance sheet at the endof operations for 2013 OBIM I BALANCE SHEET DECEMBER 31, 2013 CashThank you soooo soo much!!!

Jobim Inc., had the following condensed balance sheet at the end of operations for 2013 OBIM I BALANCE SHEET DECEMBER 31, 2013 Cash Current assets other than cash Investments Plant assets (net) Land $8,530 29,380 19,790 67,960 39,710 $165,370 Current liabilities Long-term notes payable Bonds payable Capital stock Retained earnings $14,730 25,700 25,430 75,360 24,150 $165,370 During 2014, the following occurred 1. A tract of land was purchased for $11,360 2. Bonds payable in the amount of $19,750 were retired at par 3. An additional $10,860 in capital stock was issued at par. 4. Dividends totaling $9,010 were paid to stockholders 5. Net income was $30,260 after deducting depreciation of $13,250 6. Land was purchased through the issuance of $22,010 in bonds 7. Jobim Inc. sold part of its investment portfolio for $12,820. This transaction resulted in a gain of $1,740 for the company. The company classifies the investments as available-for-sale 8. Both current assets (other than cash) and current liabilities remained at the same amount

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