Assets and liabilities and equities in 2016

Assets Libailities and equity

Cash & sec. 100 Accts. pay. &
accruals 300
Accounts rec. 300 Notes payable 250
Inventories 300 Total CL 550
Total CA 700 L-T debt 200
Common stk 500
Net fixed Retained
Assets 800 Earnings 250
Total assets 1 500 Total claims 1 500

Income statement 2016

Sales 3000
Less: COGS (60%) 1800
SGA costs 600
EBIT 600
Interest 40
EBT 560
Taxes (30%) 168
Net income 392
Dividends (20%) 78,4
Addn to RE 313,6