Problem 1. Complete the 2012 balance sheet for O'Keefe Industries using the information that follows it.

Project M Project N Initial investment (CFo) $28,500 $27,000 Year (t) Cash inflows (CF) $10,000 $11,000 10,000 10,000 10,000 9.000 10,000 8,000O'Keefe Industries Balance Sheet December 31, 2012 Assets Liabilities and Stockholders Equity Cash $32,720 Accounts payable $120,000 Marketable securities 25,000 Notes payable Accounts receivable Accruals 20.000 Inventories Total current liabilities Total current assets Long-term debt Net fixed assets Stockholders' equity $600,000 Total assets Total liabilities and stockholders' equity