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Prepare a balance sheet for Apple Inc. as of December 31, 2026, considering the following information: Cash: $50,000 Accounts Receivable: $30,000 Inventory: $20,000 Property, Plant,
Prepare a balance sheet for Apple Inc. as of December 31, 2026, considering the following information:
- Cash: $50,000
- Accounts Receivable: $30,000
- Inventory: $20,000
- Property, Plant, and Equipment: $200,000
- Accounts Payable: $40,000
- Long-term Debt: $100,000
- Common Stock: $150,000
- Retained Earnings: $110,000 Calculate the total assets, total liabilities, and shareholders' equity.
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