Cash Accounts receivable (net) Inventory Equipment (net) Patents 1. 2. 3. 4. Balance Sheet As of July 31, 2025 5. $62,100 36,450 54,000 The following additional information is provided. 75,600 18,850 $247,000 Notes and accounts payable Long-term liabilities Stockholders' equity $39,600 67,500 139,900 $247,000 Cash includes $1,080 in a petty cash fund and $13,500 invested in a 24-month certificate of deposit. The net accounts receivable balance is comprised of the following two items: (a) accounts receivable $39,600 and (b) allowance for doubtful accounts $3,150. Inventory costing $4,770 was shipped out on consignment on July 31, 2025. The ending inventory balance does not include the consigned goods. Receivables in the amount of $4,770 were recognized on these consigned goods. Equipment had a cost of $100,800 and an accumulated depreciation balance of $25,200. Income taxes payable of $5,400 were accrued on July 31. Larkspur Company, however, had set up a cash fund to meet this obligation. This cash fund was not included in the cash balance but was offset against the income taxes payable amount.

looking for the balance sheet set up as well thanks.

The following additional information is peovided. 1. Cashincludes $1,080 in a petty canh fund and $13,500 invested in a 24 -mooth certificate of deposit. 2. The net accounts recelivable balance is comprised of the following two items: (a) accounts receivable $39,600 and (b) allowance for doubtful accounts $3.150 3. Inventory costing $4,770 was stupped out on contignenent on July 31,2025 . The ending inventory balance does not include the consigned goods. Receivables in the amoun of 54,770 were recognized on these consigned goods: 4. Equipment had a cost of $100,800 and an accumulated depreciation balance of $25,200 5. Income taxes payabie of 55,400 were accrued on July 31 Larkspur Company, hownver, had set up a cash fund to meet this obligation. This cash fund was not included in the cash balance but was offset against the income taxes payable amount