1 Checked Balance Sheet 2 3 4 5 6 Hats inc. owes supplier Sandy this much for straw: 4,380 7 Customer Chuck owes this much for hats he bought: 680 8 9 Hat's Inc. owes this much on a short-term bank loan: 1,020 10 Hat's Inc. owes this much of long-term debt: 7,500 11 12 13 Hat's Inc. has this much in its checking account: 4,290 14 15 Hat's Inc. has the following items on its shelves, which it will sell: 16 17 Number Historical Cost 18 Blue item 19 Red item \begin{tabular}{|c|c|} \hline Number & Historical Cost \\ \hline 300 & 43 \\ \hline 700 & 22 \\ \hline \end{tabular} 15. Hat's Inc. has the following items on its shelves, which it will sell: 16 Hat's Inc. also has the following items which it won't sell