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Prepare a 2018 balance sheet for Rogers Corporation based on the following information: Cash = $310,000; Patents and copyrights = $720,000; Accounts payable= $460,000; Accounts
Prepare a 2018 balance sheet for Rogers Corporation based on the following information: Cash = $310,000; Patents and copyrights = $720,000; Accounts payable= $460,000; Accounts receivable = $139,000; Tangible net fixed assets = $4,700,000; Inventory = $235,000; Notes payable = $180,000; Accumulated retained earnings = $1,245,000; Long-term debt = $1,430,000. What is the common stock account balance for the company?
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