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Prepare a balance sheet for Alaskan Peach Corp. as of December 31, 2019, based on the following information: cash = $204,000; patents and copyrights =

Prepare a balance sheet for Alaskan Peach Corp. as of December 31, 2019, based on the following information: cash = $204,000; patents and copyrights = $858,000; accounts payable = $285,000; accounts receivable = $264,000; tangible net fixed assets = $5,210,000; inventory = $549,000; notes payable = $178,000; accumulated retained earnings = $4,696,000; long-term debt = $1,140,000.image text in transcribed

Prepare a balance sheet for Alaskan Peach Corp. as of December 31, 2019, based on the following information: cash = $204,000; patents and copyrights = $858,000; accounts payable $285,000; accounts receivable = $264,000; tangible net fixed assets = $5,210,000; inventory = $549,000; notes payable $178,000; accumulated retained earnings = $4,696,000; long-term debt = $1,140,000. (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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