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Prepare a 2018 balance sheet for Rogers Corporation based on the following information: Cash = $280,000; Patents and copyrights = $790,000; Accounts payable =
Prepare a 2018 balance sheet for Rogers Corporation based on the following information: Cash = $280,000; Patents and copyrights = $790,000; Accounts payable = $390,000; Accounts receivable = $129,000; Tangible net fixed assets = $3,300,000; Inventory = $295,000; Notes payable = $190,000; Accumulated retained earnings $1,265,000; Long-term debt = $1,430,000. What is the common stock account balance for the company? Multiple Choice $1,318,000 $1,899,000 $2,041,000 $1,720,000 $1,519,000
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