As an accountant for Johnson & Johnson, you need to prepare the balance sheet as of December 31, 2023, using the following data:

Account	Amount
Cash	$700,000
Accounts Receivable	$800,000
Inventory	$500,000
Prepaid Expenses	$200,000
Property, Plant, and Equipment	$4,000,000
Accumulated Depreciation	$1,200,000
Accounts Payable	$600,000
Short-term Notes Payable	$300,000
Long-term Debt	$2,000,000
Common Stock	$2,000,000
Retained Earnings	$1,100,000

Prepare the balance sheet for Johnson & Johnson as of December 31, 2023.