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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 =
Prepare a balance sheet for Alaskan Peach Corp. as of December 31, 2019, based on the following information: cash = $207,000; patents and copyrights = $861,000; accounts payable = $282,000; accounts receivable = $267,000; tangible net fixed assets = $5,240,000; inventory = $552,000; notes payable = $175,000; accumulated retained earnings = $4,726,000; long-term debt = $1,110,000. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)
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