Question: Use the financial statement data in the table below (all amounts are in dollars) to determine what Vechitti, Inc. (a retail company) reported as Total

 Use the financial statement data in the table below (all amounts

Use the financial statement data in the table below (all amounts are in dollars) to determine what Vechitti, Inc. (a retail company) reported as Total Assets on its 2019 balance sheet: Financial Statement Account Accounts payable Accruals Accumulated depreciation Additional paid in capital Beginning of year inventory Cash Common stock ($1.50 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 earnings Returns and allowances Short-term bank loan 2019 Data 25,500 9,300 32.400 18,500 51.000 6.900 60.200 37.100 11,600 55,600 152,900 46,300 37.100 39.400 2.300 20.900

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