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As the accountant for Wheatley International, it is your job to prepare the company's balance sheet. Use the accounts listed below to construct the statements. List of Accounts for Wheatley International Accounts Receivable Land Notes Receivable Accounts Payable Common Stock Depreciation Inventory Notes Payable (Long-term) Retained Earnings Cash Short-Term Notes Payable Buildings Equipment & Vehicles Goodwill Bonds Payable $120,600 1,500,000 61,200 45,000 1,896,000 400,000 126,600 210,000 1,459,800 72,000 15,600 1,050,000 1,066,000 90,000 60,000 The formula for the balance sheet is assets equal liabilities plus stockholders equity. To prepare a balance sheet, add the assets and liabilities. The difference between the two is stockholders equity. Use the example on page 465 of your text to complete a balance sheet for Wheatley International. Here is an incomplete version of the balance sheet to guide you along. Wheatley International Balance Sheet $ ASSETS Current Assets Cash Accounts Receivable Notes Receivable Inventory Total Current Assets $ Fixed Assets Land Buildings Equipment & Vehicles Depreciation Total Fixed Assets Other Assets Goodwill Total Other Assets TOTAL ASSETS $ $ LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Accounts Payable Short-Term Notes Payable Total Current Liabilities $ Voice Sensitivity Reuse Files Styles Equipment & Vehicles Depreciation Total Fixed Assets Other Assets Goodwill Total Other Assets $ TOTAL ASSETS $ LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Accounts Payable Short-Term Notes Payable Total Current Liabilities $ $ Long-Term Liabilities Notes Payable (Long-Term) Bonds Total Long-Term Liabilities Total Liabilities $ Owner's Equity Common Stock Retained Earnings Total Owner's Equity $ TOTAL LIABILITIES & STOCKHOLDERS' EQUITY $ $