Question: Exercise 3-1 (Algo) Balance sheet; missing elements [LO3-2, 3-3, 3-8] 1 The following December 31, 2021, fiscal year-end account balance information is available for the
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Exercise 3-1 (Algo) Balance sheet; missing elements [LO3-2, 3-3, 3-8] 1 The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation: Cash and cash equivalents Accounts receivable (net) Inventory Property, plant, and equipment (net) Accounts pay able Salaries payable Paid-in capital 10 5,700 27,000 67,000 points 155,000 46,0ee 18,000 135,000 eBook The only asset not listed is short-term investments. The only liabilities not listed are $37000 notes payable due in two years and related accrued interest of $1,000 due in four months. The current ratio at year-end is 1.6:1 Print Required: Determine the following at December 31, 2021: References 1. Total current assets 2 Short-term investments 3 Retained earnings
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