ter 3 Homework 1. Seved Help Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completic 2 The following December 31, 2018, fiscal year-end account balance information is available for the Stonebridge Corporation: Cash and cash equivalents Accounts receivable (net) Inventories Property, plant, and equipment (net) Accounts payable Wages payable Paid-in-capital $ 5,800 28,000 68,000 160,000 47,000 19,000 140,000 The only asset not listed is short-term investments. The only liabilities not listed are a $38,000 note 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. Required: Determine the following at December 31, 2018: Answer is complete but not entirely correct. 1. $ 100,800 $ 2 Total current assets Short-term investments Retained earnings $ 3,200 x 3. $ 21,800 ter 3 Homework 1. Seved Help Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completic 2 The following December 31, 2018, fiscal year-end account balance information is available for the Stonebridge Corporation: Cash and cash equivalents Accounts receivable (net) Inventories Property, plant, and equipment (net) Accounts payable Wages payable Paid-in-capital $ 5,800 28,000 68,000 160,000 47,000 19,000 140,000 The only asset not listed is short-term investments. The only liabilities not listed are a $38,000 note 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. Required: Determine the following at December 31, 2018: Answer is complete but not entirely correct. 1. $ 100,800 $ 2 Total current assets Short-term investments Retained earnings $ 3,200 x 3. $ 21,800