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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 =

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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 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. (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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