Accounts payable =6,124,500 Accruals =874,100 Accumulated depreciation= 12,584,7

Question

Accounts payable =6,124,500
Accruals =874,100
Accumulated depreciation= 12,584,700
Additional paid in capital= 18,475,100
Beginning of year inventory =18,769,500
Common stock ($1.50 par value)= 13,500,000
Cost of goods sold= 64,521,700
Current portion of Long-term debt= 23,578,600
Gross accounts receivable= 1,465,200
Gross fixed assets =75,842,900
Long-term debt (excluding current portion)= 23,578,600
Purchases =71,476,100
Retained earnings= 8,516,200
Returns and allowances =15,700
Short-term bank loan= 258,500
Cash =???




What is cash?

Explanation / Answer

cash = $5600

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