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Prepare a 2018 balance sheet for Rogers Corporation based on the following Information: Cash = $370,000; Patents and copyrights = $690,000; Accounts payable= $350,000; Accounts
Prepare a 2018 balance sheet for Rogers Corporation based on the following Information: Cash = $370,000; Patents and copyrights = $690,000; Accounts payable= $350,000; Accounts receivable = $169,000; Tangible net fixed assets = $3,300,000; Inventory $255,000; Notes payable = $180,000; Accumulated retained earnings = $1,365,000; Long-term debt = $1,930,000. What is the common stock account balance for the company? O $1,321,000 $1,205,000 $713,000 $1,319,000 $959,000
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