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Cash $ 19,500 $ 21,000

Accounts Receivable 70,000 12,000


Inventory 90,000 25,000
Land 30,000 15,000
Buildings and Equipment 350,000 150,000
Investment in Roller Co. Stock 128,500
Cost of Goods Sold 125,000 110,000
Wage Expense 42,000 27,000
Depreciation Expense 25,000 10,000
Interest Expense 12,000 4,000
Other Expenses 13,500 5,000
Dividends Declared 30,000 16,000
Accumulated Depreciation $145,000 $ 40,000
Accounts Payable 45,000 16,000
Wages Payable 17,000 9,000
Notes Payable 150,000 50,000
Common Stock 200,000 60,000
Retained Earnings 102,000 40,000
Sales 260,000 180,000
Income from Subsidiary 16,500
$935,500 $935,500 $395,000 $395,000

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