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Part Two: Problem-solving Question one:(10 marks) Fill the missing values in the table below: Show your work! Cash Account Receivables Inventories Total current assets Gross fixed assets Less: Accumulated Depreciation Net Fixed Assets Total Assets Accounts payable Accruals Total current liabilities Long-term debts Total liabilities Common stock @ $1 par, 10,000 shares issued and outstanding Additional paid in excess of par Retained earnings Total stockholders' equity Total liabilities and equity Additional Information: Magna Fax Corporation sold the common stocks at $3 per share. Na S Balance Sheet Magna Fax Corporation December 31st, 2021 $3,000 $2,500 $5,500 $70,000 $5,000 $6,500 $25,000 $50,000