Balance Sheet Calculations Dawson Company's balance sheet information at the end of 2019 and 2020 is as follows: 2019 2020 Current assets $ (a) $25,000 Long-term liabilities (b) 34,900 Total...

Extracted text: Balance Sheet Calculations Dawson Company's balance sheet information at the end of 2019 and 2020 is as follows: 2019 2020 Current assets $ (a) $25,000 Long-term liabilities (b) 34,900 Total contributed capital (c) (g) Long-term investments 19,200 (h) Retained earnings 49,800 59,100 Total liabilities (d) (i) Intangible assets 10,400 10,000 Current liabilities 14,500 13,000 Common stock, $5 par (e) 20,000 Total assets 141,800 (i) Additional paid-in capital 15,000 (k) Property, plant, and equipment (net) 85,700 92,800 Accumulated other comprehensive income 6,500 8,000 Total shareholders' equity (f) (1) Additional information: The company did not issue any common stock during 2020. Required: Next Level Prepare the correct balance sheet. All the necessary information is provided. (Hint: It is not necessary to calculate your answers in alphabetical order.) DAWSON COMPANY Balance Sheet December 31 2019 2020


Extracted text: Next Level Prepare the correct balance sheet. All the necessary information is provided. (Hint: It is not necessary to calculate your answers in alphabetical order.) DAWSON COMPANY Balance Sheet December 31 2019 2020