16. Preparing a Balance Sheet. Prepare a balance sheet for Alaskan Orange Corp. as of December 31, 2014, based on the following information: cash =$197.000; patents and copyrights =$863,000; accounts payable =$288,000; accounts receivable =$265,00; tangible net fixed assets =$5,300,000; inventory = $563,000; notes payable =$194,000; accumulated retained earnings =$4,586,000; long-term debt =$1,450,000