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Exercise 13-09 Oriole Company has these comparative balance sheet data ORIOLE COMPANY Balance Sheets 2019...

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Exercise 13-09 Oriole Company has these comparative balance sheet data ORIOLE COMPANY Balance Sheets 2019 2020 74,700 149,400 124,500 448,200 $796,800 $149,400 249,000 298,800 99,600 5796,800 Cash Accounts receivable (net) $37,350 174,300 149,400 498,000 $859,050 124,500 249,000 348,600 136,950 $859,050 Plant assets (net) Accounts payable Mortgage payable (15%) Common stock, $10 par Retained earnings Additional information for 2020: 1. Net income was $34,100. 2. Sales on account were $383,000. Sales returns and allowances amounted to $27,900 3. Cost of goods sold was $224,200. 4. Net cash provided by operating activities was $59,100 5. Capital expenditures were $27,400, and cash dividends were $19,400

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