Prepare a 2018 balance sheet for Rogers Corporation based on the following information: Cash = $380,000; Patents and copyrights = $680,000; Accounts payable = $380,000; Accounts receivable = $169,000; Tangible net fixed assets = $3,100,000; Inventory = $255,000; Notes payable = $190,000; Accumulated retained earnings = $1,325,000; Long-term debt = $1,530,000. What is the common stock account balance for the company?

Multiple Choice

• $1,369,000

• $1,159,000

• $1,581,000

• $1,539,000

• $949,000