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Pacific Tech Solutions presents the following balance sheet information as of December 31, 2023: Assets Amount ($) Cash $60,000 Accounts Receivable $40,000 Inventory $100,000 Property,

Pacific Tech Solutions presents the following balance sheet information as of December 31, 2023:

Assets

Amount ($)

Cash

$60,000

Accounts Receivable

$40,000

Inventory

$100,000

Property, Plant, and Equipment

$300,000

Total Assets

?

Liabilities

Amount ($)

Accounts Payable

$20,000

Notes Payable

$80,000

Total Liabilities

?

Stockholders' Equity

Amount ($)

Common Stock

$150,000

Retained Earnings

$190,000

Total Stockholders' Equity

?

Prepare the balance sheet for Pacific Tech Solutions.

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