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Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the following information: cash = $208,000; patents and copyrights =
Prepare a balance sheet for Alaskan Peach Corporation as of December 31, 2022, based on the following information: cash = $208,000; patents and copyrights = $862,000; accounts payable = $281,000; accounts receivable = $268,000; tangible net fixed assets = $5,250,000; inventory = $553,000; notes payable = $174,000; accumulated retained earnings = $4,736,000; long-term debt = $1,100,000
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