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Determine the Waterway assets on December

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Reference no: EM133007639

Question - Waterway Industries compiled the following financial information as of December 31, 2017:

Service revenue $1200000

Common stock 230000

Equipment 309000

Operating expenses 925000

Cash 282000

Dividends 75000

Supplies 42000

Accounts payable 158000

Accounts receivable 104500

Retained earnings, 1/1/17 555000

Required - Determine the Waterway assets on December 31, 2017?

Reference no: EM133007639

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