he following incomplete balance sheet for the Sanderson Manufacturing Company was prepared by the company's controller. As accounting manager for Sanderson, you are attempting to reconstruct and revise the balance sheet.

SANDERSON MANUFACTURING COMPANYBalance SheetAt December 31, 2021($ in 000s)AssetsCurrent assets:Cash$1,750Accounts receivable4,500Allowance for uncollectible accounts(900)Finished goods inventory6,500Prepaid expenses1,700Total current assets13,550Long-term assets:Investments3,500Raw materials and work in process inventory2,750Equipment20,000Accumulated depreciation(4,700)Patent (net)?Total assets$?Liabilities and Shareholders' EquityCurrent liabilities:Accounts payable$5,700Notes payable5,000Interest payable (on notes)600Deferred revenue4,000Total current liabilities15,300Long-term liabilities:Bonds payable6,000Interest payable (on bonds)700