- Prepare a 2018 balance sheet for Rogers Corporation based on the following information: Cash = $240,000; Patents and copyrights = $760,000; Accounts payable= $380,000; Accounts receivable = $139,000; Tangible net fixed assets = $4,300,000; Inventory = $255,000; Notes payable = $180,000; Accumulated retained earnings $1,195,000; Long-term debt = $1,830,000. What is the common stock account balance for the company?

Prepare a 2018 balance sheet for Rogers Corporation based on the following information: Cash =$240,000; Patents and copyrights =$760,000 : Accounts payable = $380,000; Accounts receivable =$139,000; Tangible net fixed assets =$4,300,000 : Inventory =$255,000; Notes payable =$180,000; Accumulated retained earnings = $1,195,000; Long-term debt =$1,830,000. What is the common stock account balance for the company