148,000 Property, Plant, and Equipment Retained Earnings, 1/1/19 Sales Selling Expenses 64,800 270,000 21,500 $557,800 NI TA $557,800 Required: . 1. Prepare Meadows's December 31, 2019, balance sheet. Meadows Company Balance Sheet December 31, 2019 cer Current Assets: Total current assets Long-Term Investments: Property, Plant, and Equipment: Intangible Assets: Total Assets Liabilities Current Liabilities: Total current liabilities Long-Term Liabilities: Other Liabilities: Total Liabilities Shareholders' Equity Contributed Capital: Total contributed capital Total shareholders equity Total liabilities and shareholders' equity