Prepare Pritchett's Closets & Blinds Balance Sheet as at December 

$31,2020.$

At the end of December $31,2020,$ Pritchett's Closets & Blinds accounts are as follows:

 

 

Accumulated depreciation $100,000 Current income taxes payable 5,000 Long-term loans 25,000 Inventories 90,000 Accounts Receivable 60,000 Fixed Assets 300,000 Accounts Payable 40,000 Mortgage 130,000 Accrued expenses 10,000 Future income taxes payable 5,000 Share capital 100,000 Prepaid expenses 10,000 Intangible assets 20,000 Cash 25,000 Retained earnings 80,000 Short-term Loans 10,000