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Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the following information: cash $193,000, patents and copyrights $847,000;
Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the following information: cash $193,000, patents and copyrights $847,000; accounts payable $296,000; accounts receivable $253,000; tangible net fixed assets $5,100,000; inventory $538,000; notes payable $189,000; accumulated retained earnings $4,586,000; long-term debt- $1,250,000. Note: 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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