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Given the following information for Smashville, Inc., construct a balance sheet: Current liabilities: Cash: Long-term debt: Other assets: Fixed assets: Other liabilities: Investments: Operating assets:

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Given the following information for Smashville, Inc., construct a balance sheet: Current liabilities: Cash: Long-term debt: Other assets: Fixed assets: Other liabilities: Investments: Operating assets: $41,000 $21,000 $125,000 $37,000 $139,000 $25,000 $49,000 $49,000 Total assets Total liabilities and equity

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