Fill in the blanks below with the correct entries. Round your answers to the nearest dollar.AssetsLiabilities and Stockholders EquityCurrent AssetsCurrent liabilitiesCash$$230,000$Accounts payable$$650,000$Accounts receivableNotes payable to banks$200,000($$ less allowance forAccrued wages doubtful accounts of $$30,000)1,150,000$Taxes owed$50,000$Inventory$1,750,000$Total current liabilities$$1,180,000$Total current assets$ Long$-$term debt Land Stockholders equityPlant and equipmentCommon stock $($$$2,390,000$ less $($$$1$ par, $530,000$ accumulated depreciation shares authorized, $ $)1,360,000470,000$ outstanding$)$ Total assets$$4,890,000$Retained earnings Total stockholders equity$$2,870,000$Total liabilities and equity$