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= Prepare a balance sheet for Alaskan Peach Corp. as of December 31, 2019, based on the following information: cash = $195,000; patents and copyrights

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= Prepare a balance sheet for Alaskan Peach Corp. as of December 31, 2019, based on the following information: cash = $195,000; patents and copyrights $849,000; accounts payable $294,000; accounts receivable = $255,000; tangible net fixed assets = $5,120,000; inventory = $540,000; notes payable $187,000; accumulated retained earnings $4,606,000; long-term debt = $1,230,000. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Balance Sheet Assets Current assets Total assets Liabilities Current liabilities Total liabilities Total liabilities & owners' equity

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