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Prepare a 2021 balance sheet for Willis Corporation based on the following information: Cash =$134,000; Patents and copyrights =$630,000; Accounts payable =$214,000; Accounts recelvable =$157,500;

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Prepare a 2021 balance sheet for Willis Corporation based on the following information: Cash =$134,000; Patents and copyrights =$630,000; Accounts payable =$214,000; Accounts recelvable =$157,500; Tangible net fixed assets =$1,635,000; Inventory $296,500; Notes payable =$135,000; Accumulated retained earnings =$1,264,000; Long-term debt =$852,000. (Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.) ILLIS CORPORATION WILLIS CORPORATION

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