2. Fill in the missing amounts in Leeds and Creative companies balance sheets. (3 marks)...

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2. Fill in the missing amounts in Leeds and Creative companies balance sheets. (3 marks) Given that: Leeds market price per share in 2020 - $8 Leeds dividends in 2020 - $22.000 Creative market price per share in 2020 =510. Creative dividends in 2020 - 534,000 Creative company Balance Sheet December 31, 2019 and 2020 2019 2020 Assets Cash and Cash equivalents Accounts receivable Inventory Prepaid expenses Marketable securities 200.000 70,000 50,000 12,000 20.000 Missing amount 90.000 70,000 15,500 38,000 352,000 180,000 80.000 400,000 12,000 388.000 1,000,000 443,500 200,000 70.000 300.000 13,500 286,500 Missing amount Total current assets Land investments & projects Property, machinery and equipment Accumulated depreciation Net Property, machinery and equipment Total Assets Liabilities Accounts payable Notes and loans payable Accrued expenses Total Current Liabilities Long-term debt Total Liabilities Owner's Equity Common stock: $1,75 par, shares issued and Joutstanding in 2019: 20000 in 2020 25000 Paid in capital in excess of par Retained earnings Total Owner's Equity Page 4 70,000 120,000 20,000 210,000 500,000 710,0001 50.000 95.000 15,000 160,000 370.000 530,000 Missing amount 85.000 170.000 290.000 Missing amount Missing amount Missing amount Missing amount

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