Balance Sheet Calculations The balance sheet information of the Fermer Company at the end of 2007 and 2008 is as follows:
|
2007 |
2008 |
|
|
Total stockholders’ equity |
($1) |
$100,700 |
|
Accumulated other comprehensive income |
4,800 |
5,000 |
|
Current liabilities |
2 |
9,800 |
|
Intangible assets |
12,600 |
12,000 |
|
Property, plant, and equipment (net) |
3 |
87,500 |
|
Current assets |
19,100 |
8 |
|
Total contributed capital |
51,000 |
9 |
|
Long term liabilities |
4 |
30,200 |
|
Retained earnings |
40,900 |
10 |
|
Total assets |
5 |
11 |
|
Common stock, $10 par |
6 |
12 |
|
Working capital |
9,900 |
10,200 |
|
Additional paid in capital |
7 |
36,000 |
|
Long term investments |
23,700 |
13 |
|
Total liabilities |
38,100 |
14 |
Additional information: At the end of 2007, additional paid in capital is twice the amount of capital stock. In 2008, the company issued (sold) 100 shares of common stock.
Required
Fill in the blanks numbered (1) through (14). All the necessary information is provided. (Hint: It is not necessary to calculate your answers in numerical order.)