Prepare a 2021 balance sheet for Willis Corporation based on the following information. Cash = $137,000; Patents and copyrights = $630,000; Accounts payable = $216,000; Accounts receivable = $130,000, Tangible net fixed assets = $1,645,000; Inventory = $298,000; Notes payable = $150,000; Accumulated retained earnings = $1,258,000; Long-term debt = $855,000. (Be sure to list the accounts in order of their liquidity. Do not round Intermediate calculations.) Total assets Assets WILLIS CORPORATION Balance Sheet + Liabilities and Equity Current liabilites Total abilities Total abilities & owners' equity

Prepare a 2021 balance sheet for Wilis Corporation based on the following information: Cash =$137,000;, Patents and copyrights =$630,000; Accounts payable =$216,000; Accounts recelvable =$130,000; Tangible net fixed assets =$1,645,000; Inventory = $298,000; Notes payable =$150,000; Accurnulated retained earnings =$1,258,000; Long-term debt =$855,000. (Be sure to list the accounts in order of their liquidity. Do not round Intermediate calculations.)