A partially completed balance sheet for Ulue Company incorporated as of October 31, 2UZZ, is presented. where amounts are shown for various items, the amounts are correct Required: Using the following data, complete the balance sheet a. Blue Company's records show that current and former customers owe the firm a total of $4,300; $650 of this amount has been due for more than a year from two customers who are now bankrupt b. The equipment, which is still being used in the business, cost $17,700 new, similar used equipment is now worth $10,000 Management estimates that the equipment has been used for one-fourth of its total potential use. c. The land cost Blue Company $11,000, it was recently assessed for real estate tax purposes at a value of $15,000 d. Blue Company's president isn't sure of the amount of the note payable, but he does know that he signed a note e. Since Blue Company was formed, net income has totaled $34,000, and dividends to stockholders have totaled $22,500 Note: Enter decreases with a minus sign to indicate a negative financial statement effect. Assets Cash Accounts receivable Land Equipment Less Accumulated depreciation Total assets Answer is not complete. BLUE COMPANY INCORPORATED Balance Sheet October 31, 2022 Liabilities and Stockholders' Equity 900 Note payable 3.650 Accounts payable 11,000 O Total liabilities $17,700 7.700 3,550 Stockholders' Equity 5.500 10,000 Common stock $25,550 O Retained eamings Total stockholders equity Total abilities and stockholders equity