Question

45 CURRENT ASSETS 46 Cash $ 227,659 47 Marketable securities $ 424,600 48 Accounts Receivable $ 924,600 49 Less: Allowance for bad debts $ 233,378 $ 50 Inventory $ 1,659,880 51 Prepaid Expenses $ 106,000 52 Total Current Assets $ 53 Other Assets: 54 Investments $ 578,988 55 Fixed Assets: 56 Plant and equipment, original cost $ 18,535,877 57 Less:Accumulated depreciation $ 7,453,988 58 Net plant and equipment $ 59 TOTAL ASSETS $

          45 CURRENT ASSETS
46
Cash
$ 227,659
47
Marketable securities
$ 424,600
48
Accounts Receivable
$ 924,600
49
Less: Allowance for bad debts
$ 233,378 $
50
Inventory
$ 1,659,880
51
Prepaid Expenses
$ 106,000
52
Total Current Assets
$
53
Other Assets:
54
Investments
$ 578,988
55
Fixed Assets:
56
Plant and equipment, original cost
$ 18,535,877
57
Less:Accumulated depreciation
$ 7,453,988
58
Net plant and equipment
$
59 TOTAL ASSETS
$