#16 is the question i need answered

54.500. 16. Preparing a Balance Sheet [LO1] Prepare a 2015 balance sheet for Cornell Corp. based on the following information: cash = $134,000; patents and copyrights = $670,000; accounts payable = $210,000; accounts receivable = $105.000; tangible net fixed assets = $1.730,000; inventory = $293.000; notes payable - $160.000 accumulated retained earnings = $1,453,000; long-term debt - $845,000 Residual Claims (LO1) Red Hawk Inc., is obligated to pay its creditors S6,800