At December $31,2021,$ Sullivan Products has cash of $$19,000,$ receivables of $$17,000,$ and inventory of $$79,000.$ The company's equipment totals $$181,000.$ Sullivan owes accounts payable of $$25,000$ and long$-$term notes payable of $$165,000.$ Common stock is $$28,500.$

Read the requirement.

Start with the heading and then complete the assets section of the statement. Finally complete the liabilities and stockholders' equity section of the statement. $($Classify the balance sheet by selecting the proper title on all applicable subtotal lines. In the first part complete the assets section of the balance sheet. In the second part complete the liabilities and stockholders' equity section of the balance sheet. If an input field is not used in the table leave the field empty; do not select a label or enter a zero.$)$

$\backslash$table$[[$Sullivan Products$],[$Balance Sheet$],[$December $31,2021]]$

Assets

$\backslash$table$[[$Current assets:,$$19,000$