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Prepare a balance sheet for the Wood Corporation, given the following information: Accumulated depreciations 38,000 Long-term debt 42,000 Inventory 5,000 Common stock 50,000 Short-term notes

Prepare a balance sheet for the Wood Corporation, given the following information: Accumulated depreciations 38,000 Long-term debt 42,000 Inventory 5,000 Common stock 50,000 Short-term notes 750 Accounts receivable 10,000 Accounts payable 5,000 Buildings and equipment 120,000 Cash 11,000 Retained earningsprior year 7,350 Retained earningscurrent year ?

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