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The following information is provided for ACME Corporation for their fiscal year end. ACME Corporation...

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Accounting

The following information is provided for ACME Corporation for their fiscal year end.

ACME Corporation Adjusted Trial Balance September 30, 2022

Debit Credit Cash $5,000 Accounts receivable 155,000 Supplies 10,000 Inventory 340,000 Land 395,000 Buildings 495,000 Accumulated depreciation, buildings $123,750 Accounts payable 55,000 Salaries payable 15,000 Bank Loan payable 755,000 Common shares 255,000 Retained earnings 14,625 Dividends declared 33,000 Sales revenue 975,000 Cost of goods sold 505,000 Depreciation expense 12,375 Income tax expense 125,000 General and administrative expense 118,000 Total $2,193,375 $2,193,375 Additional Information $33,000 Dividends were declared and paid during the year $100,000 of Common shares were issued $35,000 of the bank loan is due by September, 2023 Using the above adjusted trial balance, calculate the following balances.

Enter your answer in the following format: $xxx,xxx Do not enter decimals. For example five thousand is entered as $5,000. (One mark for each of the following required):

1. Current Liabilities

2. Net Income

3. Property, Plant and Equipment

4. Current Assets

5. Total Shareholders' Equity

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