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1. Building 2. Notes Payable 3. Total liabilities and stockholders equity 4. Total stockholders equity 5. Retained Earnings 1. The following financial statement was prepared

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1.

Building

2.

Notes Payable

3.

Total liabilities and stockholders equity

4.

Total stockholders equity

5.

Retained Earnings

1. The following financial statement was prepared by Smith Corporation's accountant. Smith Corporation Balance Sheet December 31, 2019 Assets Cash. Accounts Receivable. Inventory Building.............. Total assets ......... $185,000 100,000 115,000 Liabilities and Stockholders' Equity Accounts Payable. $ 100,000 Notes Payable ... Total liabilities ... $ 250,000 Capital Stock (15,000 shares @ $10 per share)....... $200,000 Retained Earnings ................ Total stockholders' equity ... Total liabilities and stockholders' equity ....... $600.000 Based on the above balance sheet for the Smith Corporation, what are the correct balances for the items listed below

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