Question: Problem 5-4 Your answer is partially correct. Try again Presented below is the balance sheet of Coronado Corporation as of December 31, 2017 CORONADO CORPORATION

Problem 5-4 Your answer is partially correct. Try again Presented below is the balance sheet of Coronado Corporation as of December 31, 2017 CORONADO CORPORATION BALANCE SHEET DECEMBER 31, 2017 Assets Goodwill (Note 2) Buildings (Note 1) Inventory Land Accounts receivable Treasury stock (50,000 shares) Cash on hand Assets allocated to trustee for plant expansion $ 121,740 1,640,000 313,840 950,000 171,740 88,740 177,640 71,740 139,740 $3,675,180 Cash in bank Debt investments

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