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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: $ 32,000 $ 21,000 $125,000 $ 36,000 $129,000 $ 10,000 $ 48,000 $ 39,000 Cash Operating assets Fixed assets Other liabilities Total assets Total liabilities and equity

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