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Given the following information, construct the firm's balance sheet: $ 200,000 1,140,000 Cash and cash equivalents Accumulated depreciation on plant and equipment Plant and equipment
Given the following information, construct the firm's balance sheet: $ 200,000 1,140,000 Cash and cash equivalents Accumulated depreciation on plant and equipment Plant and equipment Accrued wages Long-term debt Inventory Accounts receivable 5,260,000 350,000 3,920,000 7,360,000 3,900,000 Preferred stock 410,000 Retained earnings 8,664,000 Land 1,980,000 Accounts payable 2,690,000 Taxes due 160,000 Common stock $ 8 par 117,000 Common shares outstanding Current portion of long-term debt $ 430,000 Round your answers to the nearest dollar. , Corporation X Balance Sheet as of XX/XX/XX Liabilities and Owners' Equity Accounts payable Assets $ Cash and cash equivalents $ Accounts receivable Taxes due Inventory Accrued wages $ $ Total current assets Land Plant and equipment Current portion of long-term debt Total current liabilities Long-term debt Preferred stock Common stock Retained earnings Total shareholders' equity Total assets $ Total liabilities and shareholders' equity $
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