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QUESTION

Listed in random order are the items to be included in the balance sheet of Rocky Mountain Lodge at December 31, year 1. Equipment $47,040 Buildings $600,000 Land 510,000 Capital Stock 162,000 Account

Listed in random order are the items to be included in the balance sheet of Rocky Mountain Lodge at December 31, year 1. Equipment $47,040 Buildings $600,000 Land 510,000 Capital Stock 162,000 Accounts Payable 65,760 Cash 37,680 Accounts Receivable 12,720 Furnishings 70,440 Salaries Payable 40,200 Snowmobiles 18,480 Interest Payable 14,400 Notes Payable 744,000 Retained Earnings ?

Total Assets =_____________

Total Liabilities =_______________

Total Stockholders' Equity =_______________

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