Prepare a balance sheet for Tim’s Couch Corp. as of December 31, 1999, based on the following information: cash \($200,000;\) patents and copyrights \($525,000;\) accounts payable \($500,000;\) accounts receivable \($105,000;\) tangible net fixed assets \($3,000,000;\) inventory \($330,000;\) notes payable \($125,000;\) accumulated retained earnings \($2,750,000;\) long-term debt \($525,000\).