As at December 31, 2020 Assets: Cash Liabilities and Shareholders' Equity Notes Payable (short term) Mortgage Payable $78,356 Accounts receivable Inventory Preferred Shares Common Shares Machinery and Equipment Less: Accumulated Depreciation $7,857 Retained Earnings $420,000 Total Liabilities/Equity Total Assets $420,000 ne following information will assist you in completing Rover Corporation's balance sheet: 2,551 preferred shares were issued at $3 each . Current ratio is 2.29 tol Inventory turnover is 4.56 to 1. Depreciation using the straight line method and based on 8 years, is $10,728 yearly. Assume there is no residual value. . Gross profit is 5%. Total sales for the year are $629.116. Total assets less total liabilities are $168,619. The average number of days to collect accounts receivable was 53 days Using the above information, calculate the amount of mortgage payable that would be reported on Rover Corporation's Balance Sheet