Prepare a $2024$ balance sheet for Willis Corporation based on the following information: Cash $=$$$139,000$;

Patents and copyrights $=$$$630,000$; Accounts payable $=$$$217,500$; Accounts receivable $=$$$112,500$; Tangible

net fixed assets $=$$$1,650,000$; Inventory $=$$$299,000$; Notes payable $=$$$160,000$; Accumulated retained

earnings $=$$$1,254,000$; Long$-$term debt $=$$$857,000.$

Note: Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.