Fill in the blanks below with the correct entries. Round your answers to the nearest dollar Assets Current Assets Cash Accounts receivable (s 1,200,000 less allowance for $ 190,000 Liabilities and Stockholders' Equity Current liabilities Accounts payable Notes payable to banks Accrued wages $ 530,000 180,000 doubtful accounts of $30,000) Inventory Total current assets 1,170,000 1,650,000 Taxes owed Total current liabilities Long term debt 350,000 170,000 1,320,000 $ 3,010,000 Land Stockholders' equity Plant and equipment ($2,360,000 less accumulated depreciation 5 Common stock ($1 par, 530,000 shares authorized 500,000 outstanding) 1,570,000 Total assets 4,830,000 Retained earnings $ 2,910,000 Total stockholders' equity Total liabilities and equity