Homework answers / question archive / Cover Lumbers amber and general building up to building contractors in a medium skred town in Morten De regarding the one's op doo Sales are budgeted at $350

Cover Lumbers amber and general building up to building contractors in a medium skred town in Morten De regarding the one's op doo Sales are budgeted at $350

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Cover Lumbers amber and general building up to building contractors in a medium skred town in Morten De regarding the one's op doo Sales are budgeted at $350.000 for November, 229,000 for December, and $309.000 for January . Collections are expected to be in the month of sales and 20% in the north following the sale • The cost of goods sold som oftes • The company desees to have an endng merchandise vertory equal to box of dwe following mor.com of goods old payment for mer anders made in the mood on the poche Other monthly expenses to be paid inche 525.600 . Monthly depreciation is $17800 • Ignoretos + 21,700 18,300 161,550 Balance Sheet October Aasta Cash Accounts receivable Inventory Property, plant and equipment, set of $504,500 lated depreciation Total aseta Liabilities and stockholders' Epity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity 1,011.000 1,273,050 3 274,500 789.000 207.550 31.273,050 The net income for December would be