Question: Financial data for Peach Tree Boutique is given below. All figures are in dollars. Use this data to construct a Balance Sheet for the company

Financial data for Peach Tree Boutique is given below. All figures are in dollars. Use this data to construct a Balance Sheet for the company for the year ending December 31, 2021 and use your constructed statement to answer the following 5 questions (.e. 25 through 29). NOTE: Not every item in the list below belongs on the balance sheet - you have to use some given data to determine needed accounts for the balance sheet. However, other than what is listed and/or can be derived, there are no other accounts on the company's balance sheet - use cash as a plug figure to balance the balance sheet. Accounts payable Accruals Accumulated depreciation Additional paid in capital Beginning of year inventory Common stock ($1.75 par value) Cost of goods sold Current portion of Long-term debt Gross accounts receivable Gross fixed assets Long-term debt (excluding current portion) Purchases Retained carnings Returns and allowances Short-term bank loan Cash 347,800 162,400 7,418,300 2,247,500 1,875,900 462,000 15,017.600 401,600 726,500 18.479,300 8,547,000 15,479,900 3,472,100 14,900 104.700 25. What did Peach Tree Boutique record as Total Current Assets on December 31, 2021 balance sheet? 26. What did Peach Tree Boutique record as Total Current Liabilities on December 31, 2021 balance sheet? 27. What did Peach Tree Boutique record as Total Assets on December 31, 2021 balance sheet? 28. What was Total Shareholder's Equity on Peach Tree Boutique December 31, 2021 balance sheet? 29. Peach Tree Boutique reported net income for 2021 of $338,200 and the company paid dividends of S105 per share in 2021. Given this information (along with the data provided above), compute what Peach Tree Boutique reported as retained earnings on its December 31, 2020 balance sheet? (Assume that no additional shares of stock were issued between December 31, 2020 and December 31, 2021)
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