A partially completed balance sheet for Blue Co., Inc., as of October 31, 2013, follows. Where amounts are shown for various items, the amounts are correct. Required: Using the following data, complete the balance sheet. 2. Blue Co.'s records show that current and former customers owe the firm a total of $4.100: $650 of this amount has been due for more than a year from two customers who are now bankrupt. b. The automobile, which is still being used in the business, cost $16.500 new, a used car dealer's Blue Book shows that it is now worth $10.000. Management estimates that the car has been used for one-third of its total potential use. c. The land cost Blue Co. $14.000; it was recently assessed for real estate tax purposes at a value of $18,000. d. Blue Co's president isn't sure of the amount of the note payable, but he does know that he signed a note. e. Since Blue Co. was formed, net income has totaled $30.000, and dividends to stockholders have totaled $21,000. Assets Answer is complete but not entirely correct. Blue Co., Inc. Balance Sheet October 31, 2013 Liabilities and Stockholders Equity IS 850 Note payable 3,450 Accounts payable 14,000 Total liabilities 16,500 10,000 Stockholders' Equity Cash $ 4,100 Accounts receivable 3,650 Land 7.750 Automobile Less: Accumulated Depreciation 5.700 9,000 8,500 Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' S 24.800 X equity 17,050 Total assets $ 24,800 x