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Given the following information, construct the firm's balance sheet: Cash and cash equivalents $ 570,000 Accumulated depreciation on plant and equipment 1,080,000 Plant and equipment

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Given the following information, construct the firm's balance sheet: Cash and cash equivalents $ 570,000 Accumulated depreciation on plant and equipment 1,080,000 Plant and equipment 4,330,000 Accrued wages 300,000 Long-term debt 3,460,000 Inventory 7,470,000 Accounts receivable 4,810,000 Preferred stock 460,000 Retained earnings 7,692,000 Land 1,940,000 Accounts payable 2,320,000 Taxes due 200,000 Common stock $ Common shares outstanding 132,000 Current portion of long-term debt $ 440,000 Round your answers to the nearest dollar. 24 par Assets Cash and cash equivalents $ Corporation X Balance Sheet as of XX/XX/XX Liabilities and Owners' Equity 570000 Accounts payable Taxes due 4810000 2320000 Accounts receivable 200000 24 par Common stock Common shares outstanding Current portion of long-term debt 132,000 440,000 $ Cound your answers to the nearest dollar. Assets Cash and cash equivalents $ Corporation X Balance Sheet as of XX/XX/XX Liabilities and Owners' Equity 570000 Accounts payable 4810000 Taxes due 7470000 Accrued wages 12850000 Current portion of long-term debt 2320000 Accounts receivable 200000 Inventory 300000 Total current assets $ $ 440000 Land 1940000 Total current liabilities 3260000 Plant and equipment 3250000 Long-term debt 3460000 Preferred stock 460000 Common stock 3168000 Retained earnings 7692000 Total shareholders' equity Total assets Total liabilities and shareholders' equity $ 18040000 18040000

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