Presented below is the trial balance of Oriole Corporation at December 31, 2025. Debit Credit Cash Sales Revenue Debt Investments (trading) (at cost, $218,000) Cost of Goods Sold Debt Investments (long-term) Equity Investments (long-term) Notes Payable (short-term) Accounts Payable Selling Expenses Investment Revenue Land Buildings Dividends Payable Accrued Liabilities Accounts Receivable Accumulated DepreciationBuildings Allowance for Doubtful Accounts Administrative Expenses Interest Expense Inventory Gain on Disposal of Assets Notes Payable (long-term) Equipment Bonds Payable Accumulated DepreciationEquipment Franchises Common Stock ($5 par) Treasury Stock Patents Retained Earnings Paid-in Capital in Excess of Par Totals Compute each of the following: 1. Total current assets 2. Total property, plant, and equipment 3. Total assets 4. Total liabilities 5. Total stockholders equity Debit Credit Cash $324,500 Sales Revenue $13,365,000 Debt Investments (trading) (at cost, 253,000 $218,000) Cost of Goods 7,920,000 Sold Debt Investments 492,800 (long-term) Equity Investments (long- 457,600 term) Notes Payable 148,500 (short-term) Accounts Payable 750,200 Selling Expenses 3,300,000 Investment 104,500 Revenue Land 429,000 Buildings 1,716,000 Dividends Payable 224,400 Accrued Liabilities 158,400 Accounts 717,200 Receivable Accumulated DepreciationBuildi 250,800 ngs Allowance for 41,800 Doubtful Accounts Administrative 1,485,000 Expenses Interest Expense 348,700 Inventory 984,500 Gain on Disposal 132,000 of Assets Notes Payable 1,485,000 (long-term) Equipment 990,000 Bonds Payable 1,650,000 Accumulated DepreciationEquip 99,000 ment Franchises 264,000 Common Stock 1,650,000 ($5 par) Treasury Stock 315,700 Patents 322,300 Retained Earnings 128,700 Paid-in Capital in 132,000 Excess of Par Totals $20,320,300 $20,320,300.

1. Presented below is the trial balance of Oriole Corporation at December 31, 2025.
Debit
Credit
Cash
Sales Revenue
Debt Investments (trading) (at cost, $218,000)
Cost of Goods Sold
Debt Investments (long-term)
Equity Investments (long-term)
Notes Payable (short-term)
Accounts Payable
Selling Expenses
Investment Revenue
Land
Buildings
Dividends Payable
Accrued Liabilities
Accounts Receivable
Accumulated DepreciationBuildings
Allowance for Doubtful Accounts
Administrative Expenses
Interest Expense
Inventory
Gain on Disposal of Assets
Notes Payable (long-term)
Equipment
Bonds Payable
Accumulated DepreciationEquipment
Franchises
Common Stock ($5 par)
Treasury Stock
Patents
Retained Earnings
Paid-in Capital in Excess of Par
Totals
Compute each of the following:
1.
Total current assets
2.
Total property, plant, and equipment
3.
Total assets

2. 4.
Total liabilities
5.
Total stockholders equity
Debit Credit
Cash $324,500
Sales Revenue $13,365,000
Debt Investments
(trading) (at cost,
$218,000)
253,000
Cost of Goods
Sold
7,920,000
Debt Investments
(long-term)
492,800
Equity
Investments (long-
term)
457,600
Notes Payable
(short-term)
148,500
Accounts Payable 750,200
Selling Expenses 3,300,000
Investment
Revenue
104,500
Land 429,000
Buildings 1,716,000
Dividends Payable 224,400
Accrued Liabilities 158,400
Accounts
Receivable
717,200
Accumulated
DepreciationBuildi
ngs
250,800
Allowance for
Doubtful Accounts
41,800

3. Administrative
Expenses
1,485,000
Interest Expense 348,700
Inventory 984,500
Gain on Disposal
of Assets
132,000
Notes Payable
(long-term)
1,485,000
Equipment 990,000
Bonds Payable 1,650,000
Accumulated
DepreciationEquip
ment
99,000
Franchises 264,000
Common Stock
($5 par)
1,650,000
Treasury Stock 315,700
Patents 322,300
Retained Earnings 128,700
Paid-in Capital in
Excess of Par
132,000
Totals $20,320,300 $20,320,300