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Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $270,000; Patents and copyrights = $790,000; Accounts payable = $520,000;

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Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $270,000; Patents and copyrights = $790,000; Accounts payable = $520,000; Accounts receivable = $159,000; Tangible net fixed assets = $4,700,000; Inventory = $315,000; Notes payable = $180,000; Accumulated retained earnings = $1,225,000; Long-term debt = $1,630,000. What is the common stock account balance for the company? Multiple Choice $2,446,000 $3,401,000 $2,912,000 $3,039,000 $2,679,000

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