During its first year of operations, 2010, Fish Company:

A. Issued common stock for $500.

B. Purchased in cash property, plant and equipment for $200, with a life span of 20 years.

C. Recorded depreciation expense of $10.

D. Purchased $200 worth of inventory on account.

E. Paid off $160 on Accounts Payable.

F. Sold merchandise which cost $80 for $130 cash.

G. Sold merchandise which cost $45 for $80 collectible at a later date.

H. Collected $35 on Accounts Receivable.

I. Paid $36 in cash as rent for the first two years of operations.

J. Received a deposit, of $40, from a costumer, for a special order that will be supplied in three years. Selling price for this product is $100, and costs are estimated at $76.

K. Declares dividend $20 but paid only $10.

Question

Build Fish Company's Balance Sheet