Question: Computing Missing Amounts on a Classified Balance Sheet The consolidated balance sheet of Mutron Lock Inc. follows. For each of the missing items a through

Computing Missing Amounts on a Classified Balance Sheet

The consolidated balance sheet of Mutron Lock Inc. follows.

For each of the missing items a through m, determine the balances that appear on the complete balance sheet.

  • Do not use negative signs with any of your answers.
Computing Missing Amounts on a Classified Balance Sheet The consolidated balance sheet

\begin{tabular}{|c|c|c|c|c|c|} \hline \multirow{2}{*}{\multicolumn{6}{|c|}{ Consolidated Balance Sheet }} \\ \hline \multicolumn{3}{|c|}{ As of December 31} & & & \\ \hline Assets & & & Liabilities and Stockholders' Equity & & \\ \hline Current assets & & & Current liabilities & & \\ \hline Cash and cash equivalents & & $14,273 & Accounts payable & $119,666 & \\ \hline Marketable securities & & a. & Notes payable & e. & \\ \hline Accounts receivable & $215,155 & & Income taxes payable & 8,989 & \\ \hline Allowance for doubtful accounts & b. & 206,389 & Current portion of long-term debt & 6,850 & \\ \hline Inventories & & 282,454 & Accrued expenses & 7,916 & \\ \hline Prepaid expenses & & 12,463 & Total current liabilities & & $155,068 \\ \hline Total current assets & & c. & Long-term debt & & 170,806 \\ \hline Property, plant, and equipment & & & Deferred income taxes & & f. \\ \hline Land & 17,475 & & Pension liability & & 49,190 \\ \hline Building & d. & & Total liabilities & & g. \\ \hline Equipment and machinery & 273,654 & & Stockholders' equity & & \\ \hline Less: Accumulated depreciation & 145,145 & & Preferred stock, no par value (authorized 14,000 shares, issued 3,360 shares) & h. & \\ \hline Total property, plant, and equipment & & 365,478 & Common stock, $5 par value (authorized 560,000 shares, issued 28,000 shares) & i. & \\ \hline Investments & & 20,822 & Additional paid-in capital & 103,215 & \\ \hline Other assets & & 11,096 & Total contributed capital & & j. \\ \hline \multirow[t]{7}{*}{ Total assets } & & $926,484 & Retained earnings & & \\ \hline & & & Appropriated & 35,000 & \\ \hline & & & Unappropriated & k. & 254,059 \\ \hline & & & Total retained earnings and contributed capital & & I. \\ \hline & & & Less treasury stock (4,789 shares ) & & 30,533 \\ \hline & & & Total stockholders' equity & & 486,735 \\ \hline & & & Total liabilities and stockholders' equity & m & $ \\ \hline \end{tabular}

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