The balance sheet for Bostick Corporation? follows:
Ending balance
Beginning balance
?Assets:
Current? assets:
Cash and cash equivalents
$52,600
?$44,600
Accounts receivable
$18,300
?$22,300
Inventory
$48,500
?$53,000
Total current assets
$119,400
?$119,900
?Property, plant, and equipment
?$287,800
?$275,300
Less accumulated depreciation
$109,000
?$101,550
Net? property, plant, and equipment
$178,800
?$173,750
Total assets
$298,200
?$293,650
Liabilities and? stockholders' equity:
Current? liabilities:
Accounts payable
?$26,030
?$29,580
Wages payable
?$41,600
?$47,100
Other accounts payable
$42,200
?$35,400
Notes payable
?$24,200
?$25,200
Total current liabilities...