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Below you will find the Stiller Corporation financials for the year 2018 and 2019 (Table 7).
Stiller Corporation Comparative Balance Sheet (2018-2019) in USD
#
TEXT
2019
2018
1
Cash
$157,000
$78,000
2
Accounts Receivable
180,000
185,000
3
Investments
52,000
74,000
4
Equipment
298,000
240,000
5
Less accumulated depreciation
(106,000)
(89,000)
6
Current liabilities
134,000
151,000
7
Common stock
160,000
8
Retained earnings
287,000
177,000
Additional information:
Investments were sold at a loss (not extraordinary) of $7,000; no equipment was sold; cash dividends paid were $50,000, and net income was $160,000.
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