Question 10 Armstrong Corporation reported the following for 2012: net sales $ 1,249,000; cost of goods sold $ 757,900; selling and administrative expenses $ 325,400; and an unrealized Question 11 Guillen, Inc. began work on a $ 7,017,700 contract in 2012 to construct an office building. Guillen uses the completed-contract method. At December 31, 2012, the Question 12 Lazaro, Inc. sells goods on the installment basis and uses the installment-sales method. Due to a customer default, Lazaro repossessed merchandise that was originally sold for Question 13 Harding Corporation has the following accounts included in its December 31, 2012, trial balance: Accounts Receivable $ 110,240; Inventories $ 296,950; Allowance for Doubtful Question 14 Patrick Corporation ' s adjusted trial balance contained the following asset accounts at December 31, 2012: Prepaid Rent $ 16,220; Goodwill $ 59,100; Franchise Fees Receivable Question 15 Hawthorn Corporation ' s adjusted trial balance contained the following accounts at December 31, 2012: Retained Earnings $ 126,760; Common Stock $ 700,260; Bonds Question 16 Keyser Beverage Company reported the following items in the most recent year. Net income $ 45,190 Dividends paid 5,770 Increase in accounts receivable 10,140 Question 17 Linden Corporation is preparing its December 31, 2012, financial statements. Two events thatoccurred between December 31, 2012, and March 10, 2013, when the Question 18 Roder Corporation has seven industry segments with total revenues as follows.