Sample content Exercises 14-3, 14-4, and 14-13, located in WileyPLUS o Problem 14-6A, located in WileyPLUS EXERCISE 14-3 (a) GARCIA CORPORATION Condensed Balance Sheets December 31 2014 2013 Increase (Decrease) Percentage Change from 2013 Assets Current assets Property, plant & equipment (net) Intangibles Total assets $ 76,000 100,000 24,000 $200,000 $ 80,000 90,000 40,000 $210,000 $ (4,000) (10,000) (16,000) $(10,000) (5.0%) (11.1%) (40.0%) (4.8%) GARCIA CORPORATION Condensed Balance Sheets (Continued) December 31 2014 2013 Increase (Decrease) Percentage Change from 2013 Liabilities and stock- holders’ equity Current liabilities Long-term liabilities Stockholders’ equity Total liabilities and stockholders’ equity $ 40,000 140,000 20,000 $200,000 $ 48,000 150,000 12,000 $210,000 $ (8,000) (10,000) 8,000) $(10,000) (16.7%) (6.7%) (66.7%) (4.8