99. Consider Company PQR with the following assets: Cash $220,000, Accounts Receivable $180,000, Inventory $140,000, and Property, Plant, and Equipment $1,200,000. Liabilities include Accounts Payable $200,000 and Long-Term Debt $800,000. Prepare a balance sheet for Company PQR, detailing assets, liabilities, and owner's equity.

Company PQR's balance sheet is structured as follows:

Assets:

• Cash: $220,000
• Accounts Receivable: $180,000
• Inventory: $140,000
• Property, Plant, and Equipment: $1,200,000

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Total Assets: $1,740,000

Liabilities:

• Accounts Payable: $200,000
• Long-Term Debt: $800,000

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Total Liabilities: $1,000,000

Owner's Equity:

• Total Assets - Total Liabilities
• $1,740,000 - $1,000,000

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Owner's Equity: $740,000