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  3. value: 5.00 points consider the following informat

value: 5.00 points Consider the following information Gil's Fish and Tackle, Inc. Balance Sheet At...

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Accounting

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value: 5.00 points Consider the following information Gil's Fish and Tackle, Inc. Balance Sheet At December 31, 2016 Assets Cash Accounts Receivable (less allowance) S 21,750 159,450 88,600 112,800 40,000 Property, Plant and Equipment Long-term Investments Total Assets $422,600 Liabilities Accounts Payable Current Portion of Long-Term Debt Long-Term Notes Payable S 49,700 69,500 105,000 Total Liabilities 224,200 Stockholders' Equity Contributed Capital Retained Earnings 120,000 78,400 Total Stockholders' Equity 198,400 Total Liabilities and Stockholders' Equity $422,600

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