how much would common stock be?

LOS GATOS CORPORATION Balance Sheet At December 31, 2021 Assets 50, 000 95,000 60,000 125,000 35,000 $ 365,000 Cash Accounts receivable Inventory Machinery (net) Franchise (net) Total assets Liabilities and Shareholders' Equity 60,000 10,000 65,000 115,000 115,000 $ 365,000 Accounts payable Allowance for uncollectible accounts Notes payable Bonds payable Shareholders' equity Total liabilities and shareholders' equity ces Additional Information: 1. Cash includes a $25,000 restricted amount to be used for repayment of the bonds payable in 2025. 2. The cost of the machinery is $200,000. 3. Accounts receivable includes a $25,000 notes receivable from a customer due in 2024. 4. The notes payable balance includes accrued interest of $10,000. Principal and interest are both due on February 1, 2022. 5. The company began operations in 2016. Net income less dividends since inception of the company totals $40,000. 6.55,000 shares of no par common stock were issued in 2016. 200,000 shares are authorized. Required: Prepare a corrected, classified balance sheet. Use the additional information to help determine appropriate classifications and acc balances. The cost of machinery and its accumulated depreciation are shown separately. (Amounts to be deducted should be indicated by a minus sign.) Certifodf DDG Certificate.pdf Spiceland10e Ch.pptx BACC3110AA Sor de