Question: i need help solving this problem please! Presented below is the balance sheet of Sargent Corporation for the current year, 2017. NASH CORPORATION BALANCE SHEET

i need help solving this problem please! Presented below is the balancesheet of Sargent Corporation for the current year, 2017. NASH CORPORATION BALANCESHEET DECEMBER 31, 2017 $ 486,130 Current liabilities Current assets Investments Property,plant, and equipment Intangible assets 381,130 1,001,130 1,771,130 $3,153,390 641,130 Long-term liabilities1,721,130 Stockholders' equity 305,000 $3,153,390 The following information is presented 1. Thei need help solving this problem please!

Presented below is the balance sheet of Sargent Corporation for the current year, 2017. NASH CORPORATION BALANCE SHEET DECEMBER 31, 2017 $ 486,130 Current liabilities Current assets Investments Property, plant, and equipment Intangible assets 381,130 1,001,130 1,771,130 $3,153,390 641,130 Long-term liabilities 1,721,130 Stockholders' equity 305,000 $3,153,390 The following information is presented 1. The current assets section includes cash $151,130, accounts receivable $171,130 less $11,130 for allowance for doubtful 2. The investments section includes the cash surrender value of a life insurance contract $41,130; investments in common stock, accounts, inventories $181,130, and unearned rent revenue $6,130. Inventory is stated on the lower-of-FIFO-cost-or-market short-term (trading) $81,130 and long-term (available-for-sale) $271,130; and bond sinking fund $247,740. The cost and fair value of investments in common stock are the same 3. Property, plant, and equipment includes buildings $1,041,130 less accumulated depreciation $361,130, equipment $451,130 less accumulated depreciation $181,130, land $501,130, and land held for future use $270,000 Intangible assets include a franchise $166,130, goodwill $101,130, and discount on bonds payable $37,740 Current liabilities include accounts payable $141,130, notes payable-short-term $81,130 and long-term $121,130, and income taxes payable $37,740 Long-term liabilities are composed solely of 7% bonds payable due 2025. Stockholders' equity has preferred stock, no par value, authorized 200,000 shares, issued 71,130 shares for $426,780, and common stock, $1.00 par value, authorized 400,000 shares, issued 101,130 shares at an average price of $10. In addition, the corporation has retained earnings of $333,050 4. 5. 6. 7

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