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Given the following information, construct the firms balance sheet: Cash and cash equivalents $ 830,000 Accumulated depreciation on plant and equipment 900,000 Plant and equipment

Given the following information, construct the firms balance sheet: Cash and cash equivalents $ 830,000 Accumulated depreciation on plant and equipment 900,000 Plant and equipment 4,980,000 Accrued wages 320,000 Long-term debt 3,050,000 Inventory 5,610,000 Accounts receivable 5,190,000 Preferred stock 470,000 Retained earnings 9,304,000 Land 1,990,000 Accounts payable 1,740,000 Taxes due 130,000 Common stock $ 28 par Common shares outstanding 87,000 Current portion of long-term debt $ 250,000

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