Given the following information, construct the firms balance sheet:

Cash and cash equivalents	$	400,000
Accumulated depreciation on plant and equipment		1,100,000
Plant and equipment		5,430,000
Accrued wages		350,000
Long-term debt		3,660,000
Inventory		6,400,000
Accounts receivable		5,080,000
Preferred stock		610,000
Retained earnings		7,836,000
Land		1,760,000
Accounts payable		1,820,000
Taxes due		140,000
Common stock	$	13 par
Common shares outstanding		248,000
Current portion of long-term debt	$	330,000

Round your answers to the nearest dollar.

Corporation X
Balance Sheet as of XX/XX/XX
Assets				Liabilities and Owners' Equity
Cash and cash equivalents	$			Accounts payable	$
Accounts receivable				Taxes due
Inventory				Accrued wages
Total current assets	$			Current portion of long-term debt	$
Land				Total current liabilities
Plant and equipment				Long-term debt
				Preferred stock
				Common stock
				Retained earnings
				Total shareholders equity
Total assets	$			Total liabilities and shareholders equity	$