Prepare a balance sheet, assuming that the current portion of the note payable is $$18,000.$KANPUR CO$.$Balance SheetJune $30,20$Y$7$AssetsCurrent assets:Accounts payableCashOffice equipmentRent expenseSales$fill in the blank $55$Accounts payableAccounts receivableCommon stockInterest expenseStore equipmentfill in the blank $57$Accumulated depreciationInterest expenseInventoryNote payableSales returns and allowancesfill in the blank $59$Estimated returns inventoryOffice equipmentOffice supplies expenseOffice suppliesSales discountsfill in the blank $61$Common stockOffice equipmentOffice supplies expenseOffice suppliesSales discountsfill in the blank $63$Accounts payableCost of goods soldInsurance expenseNote payablePrepaid insurancefill in the blank $65$Total current assets$fill in the blank $66$Property, plant, and equipment:Accounts receivableCashOffice equipmentOffice supplies expenseOffice supplies$fill in the blank $68$Accounts payableAccumulated depreciation$-$office equipmentCashDepreciation expenseRent expensefill in the blank $70$Accounts payableBook value$-$office equipmentCashDepreciation expenseRent expense$fill in the blank $72$CashCost of goods soldPrepaid insuranceSalaries payableStore equipment$fill in the blank $74$Accumulated depreciation$-$store equipmentDepreciation expenseInventorySales discountsStore equipmentfill in the blank $76$Book value$-$store equipmentDepreciation expenseInventorySales discountsStore equipmentfill in the blank $78$Total property, plant, and equipmentfill in the blank $79$Total assets$fill in the blank $80$LiabilitiesCurrent liabilities:Accounts payableAccounts receivableCashPrepaid insuranceSales returns and allowances$fill in the blank $82$Accumulated depreciationOffice salaries expenseOffice suppliesSalaries payableSales salaries expensefill in the blank $84$Customer refunds payableInventoryNote payable $($current portion$)$Office equipmentSalesfill in the blank $86$Estimated coupons payableInventoryNote payable $($current portion$)$Office equipmentSalesfill in the blank $88$Cost of goods soldInventoryNote payable $($current portion$)$Office equipmentSalesfill in the blank $90$Total current liabilities$fill in the blank $91$Long$-$term liabilities:CashNote payable $($long$-$term portion$)$Office equipmentPrepaid insuranceSalesfill in the blank $93$Total liabilities$fill in the blank $94$Stockholders' equityAccounts receivableCommon stockCashPrepaid insuranceSales$fill in the blank $96$Accounts receivableCashRetained earningsSalaries payableSalesfill in the blank $98$Total stockholders' equityfill in the blank $99$