Given the following information, construct the firm's balance sheet:

Cash and cash equivalents $300,000

Accumulated depreciation on plant and equipment 800,000

Plant and Equipment 5,800,000

Accrued Wages 400,000

Long-term Debt 4,200,000

Inventory 6,400,000

Accounts recievable 4,100,000

Preferred stock 500,000

Retained Earnings 7,700,000

Land 1,000,000

Accounts Payable 2,100,000

Taxes Due 100,000

Common Stock $10 Par

Common shares outstanding 150,000

Current portion of long-term debt 300,000