At December 31, 2020, Skate Sharp Limited has cash of \(\$ 13,000\), receivables of \(\$ 2,000\), and inventory of \(\$ 40,000\). The company's equipment totals \(\$ 75,000\), and other assets amount to \(\$ 10,000\). Skate Sharp owes accounts payable of \(\$ 10,000\) and short-term notes payable of \(\$ 5,000\), and also has long-term debt of \(\$ 70,000\). Share capital is \(\$ 15,000\). Prepare Skate Sharp Limited's balance sheet at December 31, 2020, complete with its appropriate heading.