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Chapter 21
Art History Volume 2
Stokstad & Cothren
Pearson
Italy in the Early Sixteenth
Century: The High Renaissance
•  "High" constitutes an art-historical judgment in
that this period set the standards for future
movements.
•  This period fused the real and the ideal.
•  Oil painting became the preferred medium, and
because commissions increased from private
sources, artists no longer depended on the
patronage of the Church.
•  The humanist notion of arts as intellectual
influenced and elevated artists.
Three Great Artists of the Early
Sixteenth Century
•  Leonardo, Michelangelo, and Raphael
all worked their early careers in
Florence.
•  Leonardo da Vinci
! The Virgin of the Rocks shows four
figures with strong chiaroscuro that
enhances their modeling.
• It is painted in the sfumato technique,
creating a smoky effect.
Leonardo da Vinci THE VIRGIN OF THE ROCKS
c. 1485. Oil on wood panel (now transferred to canvas), 6'6" ×
4' (1.9 × 1.2 m).
Musée du Louvre, Paris. [Fig. 21-02]
Three Great Artists of the Early
Sixteenth Century
•  Leonardo da Vinci
! The Last Supper, painted in the
refectory of Stanta Maria delle Grazie,
was a defining work of Renaissance art.
• Leonardo arranged the disciples in four
groups of three as they flank the stable,
pyramidal form of Jesus in the middle.
• The scene is set in stage-like recession,
with the orthogonals converging at the
head of Jesus.
Leonardo da Vinci THE LAST SUPPER
Refectory of the monastery of Santa Maria delle Grazie, Milan,
Italy. 1495-1498.
Tempera and oil on plaster, 15'2" × 28'10" (4.6 × 8.8 m). [Fig.
21-04]
REFECTORY OF THE MONASTERY OF SANTA MARIA
DELLE GRAZIE, SHOWING
LEONARDO'S LAST SUPPER
Milan, Italy. [Fig. 21-05]
Three Great Artists of the Early
Sixteenth Century
•  The Mona Lisa is, perhaps, his most
famous work, painted about 1503–
1506.
! The distant, hazy mountains give the
subject, Lisa Gherardini del Giocondo, a
mysterious quality.
• Her direct stare and "enigmatic" smile
add to the effect.
Leonardo da Vinci MONA LISA
c. 1503-1506. Oil on wood panel, 30-1/4" × 21" (77 × 53 cm).
Musée du Louvre, Paris. (INV. 779) [Fig. 21-1]
Three Great Artist of the Early
Sixteenth Century
•  Raphael
! The Small Cowper Madonna typifies the
artist's popular paintings of the Virgin
and Child.
• A pyramidal composition and clinging
draperies show the influence of da Vinci.
Raphael THE SMALL COWPER MADONNA
c. 1505. Oil on wood panel, 23-3/8" × 17-3/8" (59.5 × 44.1 cm).
National Gallery of Art, Washington, DC. Widener Collection
(1942.9.57) [Fig. 21-06]
Three Great Artist of the Early
Sixteenth Century
•  Raphael
! Raphael's most influential work in the
papal rooms was the School of Athens in
the Stanza della Segnatura.
• Harmoniously arranged forms and
rational space complement the room in
which it was painted.
• Philosophical figures, while idealized,
have dynamically foreshortened
contrapposto poses.
A CLOSER LOOK: The School of Athens
by Raphael, fresco in the Stanza della Segnatura, Vatican,
Rome.
c. 1510-1511. 19' × 27' (5.79 × 8.24 m).
Three Great Artist of the Early
Sixteenth Century
•  Michelangelo's Early Work
! An example is the marble Pietà.
• The subject of the Virgin supporting and
mourning the dead Jesus was rare in
Italian art of the time.
• Size disparity between the large Virgin
and Jesus is forgotten when viewing the
smooth modeling of deftly carved forms.
Michelangelo PIETÀ
c. 1500. Marble, height 5'8-1/2" (1.74 m).
St. Peter's, Vatican, Rome. [Fig. 21-14]
Three Great Artists of the Early
Sixteenth Century
•  The Sistine Chapel
! The Sistine Chapel ceiling was ordered
by Pope Julius II, who wanted the
theme to be the Twelve Apostles, which
Michelangelo found too limiting.
• Shallow bands of painted stone molding
divide the vault into nine compartments
showing scenes from Genesis.
! The iconic Creation of Adam shows God
sparking Adam with life.
INTERIOR, SISTINE CHAPEL
Vatican, Rome. Built 1475-1481; ceiling painted 1508-1512;
end wall, 1536-1541.
The ceiling measures 45' × 128' (13.75 × 39 m). [Fig. 21-16]
Michelangelo SISTINE CHAPEL CEILING WITH DIAGRAM
IDENTIFYING SCENES
1508-1512. Fresco. [Fig. 21-17]
Venice and the Veneto
•  Titian
! The Pesaro Madonna, commissioned for
an altar, shows grandeur in its massive
columns and marble staircase.
• Colors were built up in layers of red,
white, black, and yellow.
• Intersecting diagonals in the composition
reach from Jacopo Pesaro to the off-
center Virgin.
Titian PESARO MADONNA
1519-1526. Oil on canvas, 16' × 8'10" (4.9 × 2.7 m).
Side-aisle altarpiece, Santa Maria Gloriosa dei Frari, Venice.
[Fig. 21-28]
Mannerism
•  This style developed into an anti-
Classical movement in which
artificiality, grace, and elegance took
priority over lifelike references.
•  Patrons favored esoteric subjects.
•  Painters and sculptors quoted other
works with self-conscious playfulness.
•  Architects used Classical orders in
unconventional ways.
Painting
•  This movement was characterized by
artificiality, grace, and elegance over
ordered balance.
! Artists distorted conventions and
created contrived, enigmatic forms.
•  Carucci's Deposition shows an
ambiguous composition with a dreamy
atmosphere and odd poses.
! Jarring colors are juxtaposed.
Painting
•  Painters created contrived compositions
and irrational spatial environments, full
of quoted references to predecessors'
works.
•  Pontormo
! Jacopo Carucci da Pontormo created
frescoes for the Capponi Chapel.
! Deposition's ambiguous composition
gives a visionary feeling to the piece.
Painting
•  Pontormo
! Deposition's ambiguous composition
gives a visionary feeling to the piece.
• Some figures press into the viewer's
space while others stand on tiptoe,
creating odd poses.
• The most striking oddity of this altarpiece
is the choice of colors with bizarre
juxtapositions.
Pontormo DEPOSITION
Altarpiece in Capponi Chapel, church of Santa Felicità,
Florence. 1525-1528.
Oil and tempera on wood panel, 10'3" × 6'4" (3.1 × 1.9 m). [Fig.
21-38]
Painting
•  Parmigianino
! Left unfinished at the time of the artist's
early death is the Madonna of the Long
Neck.
! Mary's proportions are unnatural
! The well-known scene is presented in a
manner intended to intrigue viewers.
Parmigianino MADONNA OF THE LONG NECK
1534-1540. Oil on wood panel, 7'1" × 4'4" (2.16 × 1.32 m).
Galleria degli Uffizi, Florence. [Fig. 21-39]
Painting
•  Lavinia Fontana
! Lavinia Fontana (1552–1614) found a
successful career in Bologna that would
later boast her to position of papal court
painter in 1603.
! Noli Me Tangere shows Christ revealing
himself to Mary Magdalen following his
resurrection.
• Its diagonal plunge into depth is
characteristic of the Mannerist style.
Lavinia Fontana NOLI ME TANGERE
1581. Oil on canvas, 47-3/8" × 36-5/8" (120.3 × 93 cm).
Galleria degli Uffizi, Florence. [Fig. 21-43]
Art and Architecture in Rome and
the Vatican
•  Paul III commissioned Michelangelo for
the Sistine Chapel on Capitoline Hill.
•  Michelangelo's Late Work
! The Last Judgment scene abandoned
medieval conception and showed a
swarm of resurrected humans pushing
upward.
Michelangelo LAST JUDGMENT, SISTINE CHAPEL
1536-1541.
Fresco, 48' × 44' (14.6 × 13.4 m). [Fig. 21-46]
Art and Architecture in Rome and
the Vatican
•  Michelangelo's Late Work
! The completion of St. Peter's Basilica
also fell to Michelangelo.
• He undid parts of Sangallo's design in
order to strengthen Bramante's central
plan.
• Three surviving hemicycles show his
work, and the current dome retains his
basic design.
Michelangelo ST. PETER'S BASILICA, VATICAN
c. 1546-1564; dome completed 1590 by Giacomo della Porta;
lantern 1590-1593.
View from the west. [Fig. 21-47]
Oil Painting
•  Tintoretto
! This artist sought to combine Titian's
coloring with the drawing of
Michelangelo.
! His The Last Supper differs from da
Vinci's.
• The scene is viewed from a corner and
features two light sources.
! The speed of his work was especially
noted.
Tintoretto THE LAST SUPPER
Church of San Giorgio Maggiore, Venice. 1592-1594.
Oil on canvas, 12' × 18'8" (3.7 × 5.7 m). [Fig. 21-32]
Art and Its Contexts: Veronese Is
Called Before the Inquisition
•  Veronese shocked patrons with his
painting later called Feast in the House
of Levi.
! The scene contained pageantry, scruffy
dogs, overall offending viewers and
removing it from a typical Last Supper
scene.
•  The Inquisition ordered an explanation
and subsequent renaming.
Veronese FEAST IN THE HOUSE OF LEVI
From the refectory of the monastery of SS. Giovanni e Paolo,
Venice. 1573.
Oil on canvas, 18'3" × 42' (5.56 × 12.8 m).
Galleria dell'Accademia, Venice. [Fig. 21-31]
Architecture: Palladio
•  Andrea Palladio dominated architecture
with characteristics of harmonious
symmetry and controlled
ornamentation.
•  He became involved in publishing books
on architecture that would become
tenets for future architects.
! Four Books of Architecture was a staple
in the libraries of educated people.
Architecture: Palladio
•  San Giorgio Maggiore
! This monastery church featured a
variation on the traditional Renaissance
façade for a basilica.
! The interior includes finely balanced
geometry, evidenced by engaged
columns and short pilasters echoing the
two levels of orders on the façade.
Palladio CHURCH OF SAN GIORGIO MAGGIORE, VENICE
Plan 1565; construction 1565-1580; façade 1597-1610;
campanile 1791.
Finished by Vincenzo Scamozzi following Palladio's design.
[Fig. 21-33]
NAVE, CHURCH OF SAN GIORGIO MAGGIORE, VENICE
Begun 1566. [Fig. 21-34]
Sheet1Use the column based upon this course start
dateBreakeven ChartJan-FebMar-AprMay-JunJul-AugSept-
OctNov-DecSale
Price$12.00$14.00$16.00$18.00$20.00$22.00Variable
costs$2.00$4.00$6.00$8.00$10.00$12.00Fixed
Costs$12,000.00$14,000.00$16,000.00$18,000.00$20,000.00$2
2,000.00
Sheet1Use the column based upon this course start dateUse the
following information and prepare a Statement of Cash Flows in
good formJan-FebMar-AprMay-JunJul-AugSept-OctNov-DecNet
Income5700067000770008700097000107000Depreciation20000
2500030000350004000045000Purchased fixed assets paying
cash310000310000310000310000310000310000Received
$90,000 cash for issuance of notes
payable900009000090000900009000090000Received $120,000
cash for issuance of common
stock1200001200001200001200001200001200 00Paid $20,000
for purchase of treasury
stock200002000020000200002000020000Ending cash
balance50000650008000095000110000125000Class Start
DateJan-FebMar-AprMay-JunJul-AugSept-OctNov-
DecAssets20172016201720162017201620172016201720162017
2016Current
assets:Cash5000020000650002000080000200009500020000110
0002000012500020000Accounts
receivable75000850007500085000750008500075000850007500
0850007500085000Inventory10000080000100000800001000008
0000100000800001000008000010000080000Long-term
assetsPlant
assets430000120000430000120000430000120000430000120000
430000120000430000120000Accumulated
depreciation120009000120009000120009000120009000120009
000120009000Total
Assets66700031400068200031400069700031400071200031400
0727000314000742000314000LiabilitiesCurrent
liabilitiesAccounts
payable3200020000320002000032000200003200020000320002
00003200020000Accrued
liabilities860001500086000150008600015000860001500086000
150008600015000Long-term liabilitiesNotes
payable900000900000900000900000900000900000Total
liabilities208000350002080003500020800035000208000350002
080003500020800035000Stockholders equityCommon
stock220000100000220000100000220000100000220000100000
220000100000220000100000Retained
earnings2190001790002190001790002190001790002190001790
00219000179000219000179000Treasury
stock200000200000200000200000200000200000Total
stockholders
equity45900027900045900027900045900027900045900027900
0459000279000459000279000Total stockholders equity and
liabilities667000314000667000314000667000314000667000314
000667000314000667000314000
Sheet1Use the column based upon this course start dateCost of
Goods Manufactured DataJan-FebMar-AprMay-JunJul-AugSept-
OctNov-DecDirect
labor170000171000172000173000174000175000Depreciation20
2002040020600208002100021200Purchases of direct
material350300350600350900351200351500351800Beginning
work-in-process801758035080525807008087581050Ending
direct materials652006540065600658006600066200Indirect
materials177501850019250200002075021500Plant utilities,
insurance and Property
taxes185751915019725203002087521450Ending work-in-
process271002720027300274002750027600Beginning direct
materials700257005070075701007012570150Indirect
labor295003100032500340003550037000Manufacturing Income
Statement DataNet sales
revenue100100010020001003000100400010050001006000Inco
me taxes535005400054500550005550056000Beginning finished
goods250500750100012501500Supplies
expense530056005900620065006800Ending finished goods
inventory604256085061275617006212562550Cost of goods
manufactured660375660750661125661500661875662250Wage
expense120125120250120375120500120625120750Depreciation
expense6750750082509000975010500Rent
expense100025100050100075100100100125100150Insurance
expense100751015010225103001037510450
Chapter 21 Art History Volume 2 Stokstad & Cothren

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Chapter 21 Art History Volume 2 Stokstad & Cothren

  • 1. Chapter 21 Art History Volume 2 Stokstad & Cothren Pearson Italy in the Early Sixteenth Century: The High Renaissance •  "High" constitutes an art-historical judgment in that this period set the standards for future movements. •  This period fused the real and the ideal. •  Oil painting became the preferred medium, and because commissions increased from private sources, artists no longer depended on the patronage of the Church. •  The humanist notion of arts as intellectual influenced and elevated artists. Three Great Artists of the Early Sixteenth Century
  • 2. •  Leonardo, Michelangelo, and Raphael all worked their early careers in Florence. •  Leonardo da Vinci ! The Virgin of the Rocks shows four figures with strong chiaroscuro that enhances their modeling. • It is painted in the sfumato technique, creating a smoky effect. Leonardo da Vinci THE VIRGIN OF THE ROCKS c. 1485. Oil on wood panel (now transferred to canvas), 6'6" × 4' (1.9 × 1.2 m). Musée du Louvre, Paris. [Fig. 21-02] Three Great Artists of the Early Sixteenth Century •  Leonardo da Vinci ! The Last Supper, painted in the refectory of Stanta Maria delle Grazie, was a defining work of Renaissance art. • Leonardo arranged the disciples in four groups of three as they flank the stable, pyramidal form of Jesus in the middle. • The scene is set in stage-like recession, with the orthogonals converging at the head of Jesus.
  • 3. Leonardo da Vinci THE LAST SUPPER Refectory of the monastery of Santa Maria delle Grazie, Milan, Italy. 1495-1498. Tempera and oil on plaster, 15'2" × 28'10" (4.6 × 8.8 m). [Fig. 21-04] REFECTORY OF THE MONASTERY OF SANTA MARIA DELLE GRAZIE, SHOWING LEONARDO'S LAST SUPPER Milan, Italy. [Fig. 21-05] Three Great Artists of the Early Sixteenth Century •  The Mona Lisa is, perhaps, his most famous work, painted about 1503– 1506. ! The distant, hazy mountains give the subject, Lisa Gherardini del Giocondo, a mysterious quality. • Her direct stare and "enigmatic" smile add to the effect. Leonardo da Vinci MONA LISA
  • 4. c. 1503-1506. Oil on wood panel, 30-1/4" × 21" (77 × 53 cm). Musée du Louvre, Paris. (INV. 779) [Fig. 21-1] Three Great Artist of the Early Sixteenth Century •  Raphael ! The Small Cowper Madonna typifies the artist's popular paintings of the Virgin and Child. • A pyramidal composition and clinging draperies show the influence of da Vinci. Raphael THE SMALL COWPER MADONNA c. 1505. Oil on wood panel, 23-3/8" × 17-3/8" (59.5 × 44.1 cm). National Gallery of Art, Washington, DC. Widener Collection (1942.9.57) [Fig. 21-06] Three Great Artist of the Early Sixteenth Century •  Raphael ! Raphael's most influential work in the papal rooms was the School of Athens in the Stanza della Segnatura. • Harmoniously arranged forms and
  • 5. rational space complement the room in which it was painted. • Philosophical figures, while idealized, have dynamically foreshortened contrapposto poses. A CLOSER LOOK: The School of Athens by Raphael, fresco in the Stanza della Segnatura, Vatican, Rome. c. 1510-1511. 19' × 27' (5.79 × 8.24 m). Three Great Artist of the Early Sixteenth Century •  Michelangelo's Early Work ! An example is the marble Pietà. • The subject of the Virgin supporting and mourning the dead Jesus was rare in Italian art of the time. • Size disparity between the large Virgin and Jesus is forgotten when viewing the smooth modeling of deftly carved forms. Michelangelo PIETÀ c. 1500. Marble, height 5'8-1/2" (1.74 m). St. Peter's, Vatican, Rome. [Fig. 21-14]
  • 6. Three Great Artists of the Early Sixteenth Century •  The Sistine Chapel ! The Sistine Chapel ceiling was ordered by Pope Julius II, who wanted the theme to be the Twelve Apostles, which Michelangelo found too limiting. • Shallow bands of painted stone molding divide the vault into nine compartments showing scenes from Genesis. ! The iconic Creation of Adam shows God sparking Adam with life. INTERIOR, SISTINE CHAPEL Vatican, Rome. Built 1475-1481; ceiling painted 1508-1512; end wall, 1536-1541. The ceiling measures 45' × 128' (13.75 × 39 m). [Fig. 21-16] Michelangelo SISTINE CHAPEL CEILING WITH DIAGRAM IDENTIFYING SCENES 1508-1512. Fresco. [Fig. 21-17] Venice and the Veneto •  Titian
  • 7. ! The Pesaro Madonna, commissioned for an altar, shows grandeur in its massive columns and marble staircase. • Colors were built up in layers of red, white, black, and yellow. • Intersecting diagonals in the composition reach from Jacopo Pesaro to the off- center Virgin. Titian PESARO MADONNA 1519-1526. Oil on canvas, 16' × 8'10" (4.9 × 2.7 m). Side-aisle altarpiece, Santa Maria Gloriosa dei Frari, Venice. [Fig. 21-28] Mannerism •  This style developed into an anti- Classical movement in which artificiality, grace, and elegance took priority over lifelike references. •  Patrons favored esoteric subjects. •  Painters and sculptors quoted other works with self-conscious playfulness. •  Architects used Classical orders in unconventional ways.
  • 8. Painting •  This movement was characterized by artificiality, grace, and elegance over ordered balance. ! Artists distorted conventions and created contrived, enigmatic forms. •  Carucci's Deposition shows an ambiguous composition with a dreamy atmosphere and odd poses. ! Jarring colors are juxtaposed. Painting •  Painters created contrived compositions and irrational spatial environments, full of quoted references to predecessors' works. •  Pontormo ! Jacopo Carucci da Pontormo created frescoes for the Capponi Chapel. ! Deposition's ambiguous composition gives a visionary feeling to the piece. Painting
  • 9. •  Pontormo ! Deposition's ambiguous composition gives a visionary feeling to the piece. • Some figures press into the viewer's space while others stand on tiptoe, creating odd poses. • The most striking oddity of this altarpiece is the choice of colors with bizarre juxtapositions. Pontormo DEPOSITION Altarpiece in Capponi Chapel, church of Santa Felicità, Florence. 1525-1528. Oil and tempera on wood panel, 10'3" × 6'4" (3.1 × 1.9 m). [Fig. 21-38] Painting •  Parmigianino ! Left unfinished at the time of the artist's early death is the Madonna of the Long Neck. ! Mary's proportions are unnatural ! The well-known scene is presented in a manner intended to intrigue viewers.
  • 10. Parmigianino MADONNA OF THE LONG NECK 1534-1540. Oil on wood panel, 7'1" × 4'4" (2.16 × 1.32 m). Galleria degli Uffizi, Florence. [Fig. 21-39] Painting •  Lavinia Fontana ! Lavinia Fontana (1552–1614) found a successful career in Bologna that would later boast her to position of papal court painter in 1603. ! Noli Me Tangere shows Christ revealing himself to Mary Magdalen following his resurrection. • Its diagonal plunge into depth is characteristic of the Mannerist style. Lavinia Fontana NOLI ME TANGERE 1581. Oil on canvas, 47-3/8" × 36-5/8" (120.3 × 93 cm). Galleria degli Uffizi, Florence. [Fig. 21-43] Art and Architecture in Rome and the Vatican •  Paul III commissioned Michelangelo for
  • 11. the Sistine Chapel on Capitoline Hill. •  Michelangelo's Late Work ! The Last Judgment scene abandoned medieval conception and showed a swarm of resurrected humans pushing upward. Michelangelo LAST JUDGMENT, SISTINE CHAPEL 1536-1541. Fresco, 48' × 44' (14.6 × 13.4 m). [Fig. 21-46] Art and Architecture in Rome and the Vatican •  Michelangelo's Late Work ! The completion of St. Peter's Basilica also fell to Michelangelo. • He undid parts of Sangallo's design in order to strengthen Bramante's central plan. • Three surviving hemicycles show his work, and the current dome retains his basic design. Michelangelo ST. PETER'S BASILICA, VATICAN c. 1546-1564; dome completed 1590 by Giacomo della Porta;
  • 12. lantern 1590-1593. View from the west. [Fig. 21-47] Oil Painting •  Tintoretto ! This artist sought to combine Titian's coloring with the drawing of Michelangelo. ! His The Last Supper differs from da Vinci's. • The scene is viewed from a corner and features two light sources. ! The speed of his work was especially noted. Tintoretto THE LAST SUPPER Church of San Giorgio Maggiore, Venice. 1592-1594. Oil on canvas, 12' × 18'8" (3.7 × 5.7 m). [Fig. 21-32] Art and Its Contexts: Veronese Is Called Before the Inquisition •  Veronese shocked patrons with his painting later called Feast in the House
  • 13. of Levi. ! The scene contained pageantry, scruffy dogs, overall offending viewers and removing it from a typical Last Supper scene. •  The Inquisition ordered an explanation and subsequent renaming. Veronese FEAST IN THE HOUSE OF LEVI From the refectory of the monastery of SS. Giovanni e Paolo, Venice. 1573. Oil on canvas, 18'3" × 42' (5.56 × 12.8 m). Galleria dell'Accademia, Venice. [Fig. 21-31] Architecture: Palladio •  Andrea Palladio dominated architecture with characteristics of harmonious symmetry and controlled ornamentation. •  He became involved in publishing books on architecture that would become tenets for future architects. ! Four Books of Architecture was a staple in the libraries of educated people.
  • 14. Architecture: Palladio •  San Giorgio Maggiore ! This monastery church featured a variation on the traditional Renaissance façade for a basilica. ! The interior includes finely balanced geometry, evidenced by engaged columns and short pilasters echoing the two levels of orders on the façade. Palladio CHURCH OF SAN GIORGIO MAGGIORE, VENICE Plan 1565; construction 1565-1580; façade 1597-1610; campanile 1791. Finished by Vincenzo Scamozzi following Palladio's design. [Fig. 21-33] NAVE, CHURCH OF SAN GIORGIO MAGGIORE, VENICE Begun 1566. [Fig. 21-34] Sheet1Use the column based upon this course start dateBreakeven ChartJan-FebMar-AprMay-JunJul-AugSept- OctNov-DecSale Price$12.00$14.00$16.00$18.00$20.00$22.00Variable costs$2.00$4.00$6.00$8.00$10.00$12.00Fixed Costs$12,000.00$14,000.00$16,000.00$18,000.00$20,000.00$2 2,000.00
  • 15. Sheet1Use the column based upon this course start dateUse the following information and prepare a Statement of Cash Flows in good formJan-FebMar-AprMay-JunJul-AugSept-OctNov-DecNet Income5700067000770008700097000107000Depreciation20000 2500030000350004000045000Purchased fixed assets paying cash310000310000310000310000310000310000Received $90,000 cash for issuance of notes payable900009000090000900009000090000Received $120,000 cash for issuance of common stock1200001200001200001200001200001200 00Paid $20,000 for purchase of treasury stock200002000020000200002000020000Ending cash balance50000650008000095000110000125000Class Start DateJan-FebMar-AprMay-JunJul-AugSept-OctNov- DecAssets20172016201720162017201620172016201720162017 2016Current assets:Cash5000020000650002000080000200009500020000110 0002000012500020000Accounts receivable75000850007500085000750008500075000850007500 0850007500085000Inventory10000080000100000800001000008 0000100000800001000008000010000080000Long-term assetsPlant assets430000120000430000120000430000120000430000120000 430000120000430000120000Accumulated depreciation120009000120009000120009000120009000120009 000120009000Total Assets66700031400068200031400069700031400071200031400 0727000314000742000314000LiabilitiesCurrent liabilitiesAccounts payable3200020000320002000032000200003200020000320002 00003200020000Accrued liabilities860001500086000150008600015000860001500086000 150008600015000Long-term liabilitiesNotes payable900000900000900000900000900000900000Total liabilities208000350002080003500020800035000208000350002 080003500020800035000Stockholders equityCommon
  • 16. stock220000100000220000100000220000100000220000100000 220000100000220000100000Retained earnings2190001790002190001790002190001790002190001790 00219000179000219000179000Treasury stock200000200000200000200000200000200000Total stockholders equity45900027900045900027900045900027900045900027900 0459000279000459000279000Total stockholders equity and liabilities667000314000667000314000667000314000667000314 000667000314000667000314000 Sheet1Use the column based upon this course start dateCost of Goods Manufactured DataJan-FebMar-AprMay-JunJul-AugSept- OctNov-DecDirect labor170000171000172000173000174000175000Depreciation20 2002040020600208002100021200Purchases of direct material350300350600350900351200351500351800Beginning work-in-process801758035080525807008087581050Ending direct materials652006540065600658006600066200Indirect materials177501850019250200002075021500Plant utilities, insurance and Property taxes185751915019725203002087521450Ending work-in- process271002720027300274002750027600Beginning direct materials700257005070075701007012570150Indirect labor295003100032500340003550037000Manufacturing Income Statement DataNet sales revenue100100010020001003000100400010050001006000Inco me taxes535005400054500550005550056000Beginning finished goods250500750100012501500Supplies expense530056005900620065006800Ending finished goods inventory604256085061275617006212562550Cost of goods manufactured660375660750661125661500661875662250Wage expense120125120250120375120500120625120750Depreciation expense6750750082509000975010500Rent expense100025100050100075100100100125100150Insurance expense100751015010225103001037510450