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Prepare a balance sheet for Patrowski Corp. as of December 31, 2019, based on the following Information: cash = $207,000; patents and copyrights $817,000; accounts
Prepare a balance sheet for Patrowski Corp. as of December 31, 2019, based on the following Information: cash = $207,000; patents and copyrights $817,000; accounts payable $293,000; accounts receivable = $265,000; tangible net fixed assets = $5,270,000; Inventory $597,000; notes payable = $201,000; accumulated retained earnings $4,676,000; long-term debt = $1,680,000. (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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