e https://edug com/edugen/Iti/main.uni Return to Blackboand US heile Sy-Atem Anouncements Klmmel, Accounting, 6e Practice Assignment Gradebook ORION Downlondable eTextbook signment Exercise 13-9 ES Cullumber Company has these comparative balance sheet data: CULLUMBER COMPANY Balance Sheets December 31 2017 2016 Cash $30,495 142,310 121,980 406,600 $701,385 60,990 121,980 101,650 365,940 $650,560 s 101,650 121,980 203,300 243,960 81,320 $650,560 Accounts receivable (net) dy Inventory Plant assets (net) Accounts payable Mortgage payable (15%) Common stock, $10 par Retained earnings 203,300 284,620 111,815 $701,385 Additional information for 2017: 1. Net income was $32,700. 2. Sales on account were $382,800. Sales returns and allowances amounted to $27,100. 3. Cost of goods sold was $224,200. 4. Net cash provided by operating activities was $58,800 5. Capital expenditures were $28,800, and cash dividends were $14,400