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Prepare a balance sheet for Alaskan Peach Corp. as of December 31, 2019, based on the following information: cash=$207,000; patents and copyrights = $871,000; accounts
Prepare a balance sheet for Alaskan Peach Corp. as of December 31, 2019, based on the following information: cash=$207,000; patents and copyrights = $871,000; accounts payable = $293,000; accounts receivable = $265,000; tangible net fixed assets =$5,270,000; inventory = $579,000; notes payable = $201,000; accumulated retained earnings = $4,676,000; long-term debt=$1,680,000
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