Accounting What the Numbers Mean: P2-24 Following is a partially completed balance sheet for Episco

Accounting What the Numbers Mean
P2-24 Complete the balance sheet suing cash flow data
Following is a partially completed balance sheet for Episco, Inc., at December 31, 2013, together with comparative data for the year ended December 31, 2012. From the statement of cash flows for the year ended December 31, 2013, you determine the following:
EPSICO, Inc.
Balance Sheets
December 31, 2013 and 2012
Assets 2013 2012 Liabilities 2013 2012
Current assets Note payable 343 280
Cash 210 Accounts payable 861 770
Accounts receivable 882 840 Total current liabilities 1,204 1,050
Inventory 1,687 1,610 Long-term debt 560
Total current assets 2,660 Total Liabilities 1,610

Land 175 Stockholders' Equity
Equipment 2,625 Common stock 1,400 1,400
Less: Accumulated depreciation (1,260) (1,120) Retained Earnings 1,330
Total land & equipment 1,680 Total Stockholders' Equity 2,730
Total assets $4,340 Total Liabilities and Stockholders' Equity $4,340

Net income for the year ended December 31, 2013, was $182.
Dividends paid during the year ended December 31, 2013, were $56.
Cash increased $56 during the year ended December 31, 2013.
The cost of new equipment acquired during 2013 was $105; no equipment was disposed of.
There were no transactions affecting the land account during 2013, but it is estimated that the fair market value of the land at December 31, 2013, is $294.

Required:
Complete the balance sheet at December 31, 2013. (Negative amounts should be indicated by a minus sign)
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