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= Accounts receivable = Prepare a 2021 balance sheet for Willis Corporation based on the following information: Cash $145,000; Patents and copyrights = $630,000; Accounts payable = $222,000; $135,000; Tangible net fixed assets = $1,665,000; Inventory $302,000; Notes payable $130,000; Accumulated retained earnings = $1,242,000; Long-term debt = $863,000. (Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.) . Answer is not complete. WILLIS CORPORATION Balance Sheet Assets Cash Accounts receivable Inventory Notes receivable Tangible net fixed assets Total assets is 145,000 135,000 302,000 630,000 1,665,000 $ 2,877,000 Liabilities and Equity Accounts payable Notes payable Current liabilites Accumulated retained earnings Total liabilities Accumulated retained earnings Total liabilities & owners' equity 1,215,000 1,242,000 $ 2,877,000 es Prepare a 2021 balance sheet for Willis Corporation based on the following information: Cash $145,000; Patents and copyrights $630,000; Accounts payable= $222,000; Accounts receivable = $135,000; Tangible net fixed assets $1,665,000; Inventory = $302,000; Notes payable $130,000; Accumulated retained earnings = $1,242,000; Long-term debt = $863,000. (Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.) WILLIS CORPORATION Balance Sheet Accounts payable Liabilities and Equity 145,000 Accounts payable Accounts receivable 135,000 Notes payable Accumulated retained earnings 302,000 Current liabilites Cash Common stock Accumulated retained earnings Total liabilities Notes receivable 630,000 Tangible net fixed assets 1,665,000 Accumulated retained earnings . Total assets 2,877,000 Total liabilities & owners' equity $ $ $ $ 1,215,000 1,242,000 2,877,000 WILLIS CORPORATION Balance Sheet Liabilities and Equity 145,000 Accounts payable 135,000 Accounts receivable 302,000 Accumulated retained earnings Cash Common stock Intangible not fived scente 630,000 1,665,000 Accumulated retained earnings 2,877,000 Total liabilities & owners' equity $ 1,215,000 1,242,000 2,877,000