Use the following information for questions.
Financial statements for Kiner Company are given below:

Total assets on the statement of financial position at December 31, 2011 are $2,216,000.Accumulated deprecia-tion on the equipment sold was $112,000.
-The accounts payable at December 31, 2011 were

Question

Use the following information for questions.
Financial statements for Kiner Company are given below:
  
Total assets on the statement of financial position at December 31, 2011 are $2,216,000.Accumulated deprecia-tion on the equipment sold was $112,000.
-The accounts payable at December 31, 2011 were

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The Answer of Use the following information for questions.
Financial statements for Kiner Company are given below:
  
Total assets on the statement of financial position at December 31, 2011 are $2,216,000.Accumulated deprecia-tion on the equipment sold was $112,000.
-The accounts payable at December 31, 2011 were

Use the Following Information for Questions