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Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the following information: cash = $200,000; patents and copyrights =
Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the following information: cash = $200,000; patents and copyrights = $854,000; accounts payable = $289,000; accounts receivable = $260,000; tangible net fixed assets $5,170,000; inventory = $545,000; notes payable = $182,000; accumulated retained earnings = $4,656,000; long-term debt = $1,180,000. Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Balance Sheet Assets Liabilities Total liabilities & owners' equity
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