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. Prepare a Balance Sheet in proper format using the below information as of 12/31/21. (Use the Example 2-Yr F/S in Canvas as a

 

. Prepare a Balance Sheet in proper format using the below information as of 12/31/21. (Use the Example 2-Yr F/S in Canvas as a guide). Show your work. (6 pts) Accounts Payable $125,000 Retained Earnings $600,000 Inventory $175,000 Buildings $250,000 Cash $200,000 Equipment $175,000 Accounts Receivable $150,000 Common Stock $400,000 Vehicles $100,000 Long-Term Note Payable $175,000 Land $250,000

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