Prepare a balance sheet for the following company: Cash: $30,250 Accounts Payable: 28,500 Fixtures and Furnishings: 85,000 Notes (short-term debts) payable: 15,000 Retained Earnings: 64,350 Accounts Receivable: 24,050 Inventory: 15,600 Equipment: 42,750 Accumulated Depreciation on Fixtures and Furniture: 12,500 Common shares: 50,000 Long-term debt: 25,000 Accumulated depreciation on equipment: 7,800 Marketable securities: 13,000 Income taxes payable: 7,500