nstruct a balance sheet for Sophie's Sofas given the following data, including shareholders' equity.

Construct a balance sheet for Sophie's Sofas given the following data, including shareholders' equity.

Cash balances$ 11,000Inventory of sofas$ 210,000Store and property$ 110,000Accounts receivable$ 23,000Accounts payable$ 18,000Long-term debt$ 180,000

Construct a balance sheet for Sophie's Sofas given the following data, including shareholders' equity.

Assets liabilities and shareholders equity

1 1

2 2

3 3

4 4

5 5

total total liabilties and shareholders equity