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Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the following information: cash = $198,000; patents and copyrights =
Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the following information: cash = $198,000; patents and copyrights = $852,000; accounts payable = $291,000; accounts receivable = $258,000; tangible net fixed assets = $5,150,000; inventory = $543,000; notes payable = $184,000; accumulated retained earnings = $4,636,000; long-term debt = $1,200,000. Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. Current assets Total assets Current liabilities Total liabilities Balance Sheet Assets Liabilities Total liabilities & owners' equity
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