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Presented below is the trial balance of Sheridan Corporation at December 31, 2020. Debit Credit...

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Accounting

Presented below is the trial balance of Sheridan Corporation at December 31, 2020. Debit Credit Cash $271,400 Sales Revenue $11,178,000 Debt Investments (trading) (at cost, $218,000) 211,600 Cost of Goods Sold 6,624,000 Debt Investments (long-term) 412,160 Equity Investments (long-term) 382,720 Notes Payable (short-term) 124,200 Accounts Payable 627,440 Selling Expenses 2,760,000 Investment Revenue 87,400 Land 358,800 Buildings 1,435,200 Dividends Payable 187,680 Accrued Liabilities 132,480 Accounts Receivable 599,840 Accumulated DepreciationBuildings 209,760 Allowance for Doubtful Accounts 34,960 Administrative Expenses 1,242,000 Interest Expense 291,640 Inventory 823,400 Gain 110,400 Notes Payable (long-term) 1,242,000 Equipment 828,000 Bonds Payable 1,380,000 Accumulated DepreciationEquipment 82,800 Franchises 220,800 Common Stock ($5 par) 1,380,000 Treasury Stock 264,040 Patents 269,560 Retained Earnings 107,640 Paid-in Capital in Excess of Par 110,400 Totals $16,995,160 $16,995,160

Compute each of the following:

1. Total current assets $

2. Total property, plant, and equipment $

3. Total assets $

4. Total liabilities $

5. Total stockholders equity $

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