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Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $130,000; Patents and copyrights $630,000; Accounts payable $211,500; Accounts receivable-$155,000; Tangible

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Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $130,000; Patents and copyrights $630,000; Accounts payable $211,500; Accounts receivable-$155,000; Tangible net fixed assets $1,625,000; Inventory$294,500; Notes payable $175,000; Accumulated retained earnings $1,272,000; Long-term debt $848,000. (Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.)

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