The following amounts were reported on the December 31, 2019, balance sheet: Cash Land Accounts payable Bonds payable Merchandise inventory Retained earnings Buildings and equipment, net of...

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Extracted text: The following amounts were reported on the December 31, 2019, balance sheet: Cash Land Accounts payable Bonds payable Merchandise inventory Retained earnings Buildings and equipment, net of accumulated depreciation Accounts receivable Common stock $ 8,000 20,000 15,000 120, 000 30,000 80,000 22,000 40,000 5,000 Wages payable Working capital ot December 31, 2019 was