Use the following information for questions 63 through 67.
Financial statements for Kiner Company are given below: Total assets on the balance sheet at December 31, 2015 are $4,432,000. Accumulated deprecia-tion on the equipment sold was $224,000.
-The accounts payable at December 31, 2015 were
A) $176,000.
B) $432,000.
C) $128,000.
D) $592,000.
Correct Answer:
Verified
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