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Given the following information, construct the firm's balance sheet: Cash and cash equivalents $ 800,000 Accumulated depreciation on plant and equipment 820,000 Plant and equipment

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Given the following information, construct the firm's balance sheet: Cash and cash equivalents $ 800,000 Accumulated depreciation on plant and equipment 820,000 Plant and equipment 6,080,000 Accrued wages 370,000 Long-term debt 3,930,000 Inventory 5,610,000 Accounts receivable 4,480,000 Preferred stock 600,000 Retained earnings 4,458,000 Land 1,450,000 Accounts payable 2,020,000 Taxes due 80,000 Common stock $ 21 par Common shares outstanding 272,000 Current portion of long-term debt $430,000 Round your answers to the nearest dollar, Corporation 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 $

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