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Below Is the Balance Sheet for Marie Company: Marie Company

question 27

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Below is the balance sheet for Marie Company: Marie Company
Balance Sheet
December 31 ,
20X620X5 Current assets:  Cash $380$242 Accounts receivable 430194 Inventory 238388 Prepaid insurance 3276 Total current assets $1,080$900 Long-term assets:  Fixed assets $406$452 Less: Accumulated depreciation 272) 228)  Total long-term assets $134$224 Total assets $1,214$1,124 Current liabilities:  Accounts payable $176$152 Wages payable 3832 total current liabilities $214$184 Long-term liabilities:  Notes payable 420420 Total liabilities $634604 Owners’ equity:  Common stock $190$160 Retained income 390360 Total owners’ equity $580$520 Total liabilities and owners’ equity $1,214$1,214\begin{array}{lrr}&20X6&20X5\\\text { Current assets: }\\\text { Cash } & \$ 380 & \$ 242 \\\text { Accounts receivable } & 430 & 194 \\\text { Inventory } & 238 & 388 \\\text { Prepaid insurance } & 32 & 76\\\text { Total current assets }&\$1,080&\$900\\\text { Long-term assets: }\\\quad \text { Fixed assets } & \$ 406 & \$ 452 \\\quad \text { Less: Accumulated depreciation } & \underline{272) } & \underline{228) } \\\text { Total long-term assets } & \underline{\$ 134} & \$ 224 \\\text { Total assets } & \$ 1,214 & \$ 1,124\\\text { Current liabilities: }\\\text { Accounts payable } & \$ 176 & \$ 152 \\\text { Wages payable } & \underline{38} & \underline{32} \\\text { total current liabilities } & \$ 214 & \$ 184\\\text { Long-term liabilities: }\\\text { Notes payable } & \underline{420} & \underline{420} \\\text { Total liabilities } & \underline{\$ 634} & \underline{604}\\\text { Owners' equity: } & & \\\text { Common stock } & \$ 190 & \$ 160 \\\text { Retained income } & 390 & 360\\\text { Total owners' equity } & \underline{\$ 580}&\$520 \\\text { Total liabilities and owners' equity } & \underline{\$ 1,214} & \underline{\$ 1,214}\end{array} Marie Company's accounts receivable increased decreased) by _____.


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