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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;

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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.)

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