Question: nment Problem 12-7A (Part Level Submission) Presented below are the financial statements of Wildhorse Company. Wildhorse Company Comparative Balance Sheets December 31 Assets Cash Accounts

 nment Problem 12-7A (Part Level Submission) Presented below are the financial
statements of Wildhorse Company. Wildhorse Company Comparative Balance Sheets December 31 Assets
Cash Accounts receivable Inventory Property, plant, and equipment Accumulated depreciation Total 2016
$23,600 16,520 23,600 92,040 2017 y. $41,300 23,600 33,040 70,800 (37,760) (28,320

nment Problem 12-7A (Part Level Submission) Presented below are the financial statements of Wildhorse Company. Wildhorse Company Comparative Balance Sheets December 31 Assets Cash Accounts receivable Inventory Property, plant, and equipment Accumulated depreciation Total 2016 $23,600 16,520 23,600 92,040 2017 y. $41,300 23,600 33,040 70,800 (37,760) (28,320 ) $130,980 $%127,440 Liahilities and Stockholders' Equity

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