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Given the following information for Smashville, Inc., construct a balance sheet: Current liabilities: $31,000 Cash: $21,000 Long-term debt: $102,000 Other assets: $38,000 Fixed assets: $130,000

Given the following information for Smashville, Inc., construct a balance sheet:

Current liabilities: $31,000
Cash: $21,000
Long-term debt: $102,000
Other assets: $38,000
Fixed assets: $130,000
Other liabilities: $13,000
Investments: $34,000
Operating assets: $64,000

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