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= = = = Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $240,000; Patents and copyrights $650,000; Accounts payable
= = = = Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $240,000; Patents and copyrights $650,000; Accounts payable $470,000; Accounts receivable = $129,000; Tangible net fixed assets $3,400,000; Inventory $345,000; Notes payable $180,000; Accumulated retained earnings $1,175,000; Long-term debt = $1,530,000. What is the common stock account balance for the company? = = Multiple Choice $1,409,000 $1,627,000
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