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Given the following information, construct the firm's balance sheet: Corporation X Balance Sheet as of XX/XX/XX begin{tabular}{ll} hline AssetsCashandcashequivalents$ & Liabilities and Owners' Equity

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Given the following information, construct the firm's balance sheet: Corporation X Balance Sheet as of XX/XX/XX \begin{tabular}{ll} \hline AssetsCashandcashequivalents$ & Liabilities and Owners' Equity \\ Accounts receivable & Accounts payable \\ Inventory & Taxes due \\ Total current assets & Accrued wages \\ Cand & Current portion of long-term debt \\ Plant and equipment & Total current liabilities \\ & Long-term debt \\ Preferred stock \\ Common stock \\ Retained earnings \\ Total assets & TotalshareholdersequityTotalliabilitiesandshareholdersequity \\ \hline \end{tabular}

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