4,000 Finished Goods (1,000 x $14) 14,000 Fixed Assets 25,000 Accumulated Depreciation (5,000) Total Assets $ 45,000 Accounts Payable* Bonds Payable Total Liabilities Common Stock Retained Earnings Total SE Total Liabilities & SE $ 5,000 20,000 25,000 5,000 15,000 20,000 $ 45,000 *($4,000 from raw materials purchases and $1,000 from electricity) Other Information: Greenville anticipates sales of products to occur as follows: 2008 1st Half 2008 2nd Half 2009 1st Half 2009 2nd Half Units 1,200…
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