I have attached the assignment

| October 22, 2018

These are the check figures to check the answers… Thank you Check figures for Financial Statements: Net Income $531,094; Ending Retained Earnings $2,883,470; Total assets $4,845,825; cash flows from operating activities ($34,069) Check figures for Budgets: 1st quarter sales in dollars $755,000; Year’s total in dollars $3,481,250. Planned production for first quarter 200,000; Planned production year’s total 1,108,000. Direct materials to be purchased in pounds for 1st quarter 920,000; in dollars $184,000. Ending cash balance first quarter $99,708; Ending cash balance for year $95,928 (note

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