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Problem 19-2 Balance Sheets (LO2, CFA4) Given the following information for Smashville, Inc., construct a balance sheet: Current liabilities: Cash: Long-term debt: Other assets: Fixed

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Problem 19-2 Balance Sheets (LO2, CFA4) Given the following information for Smashville, Inc., construct a balance sheet: Current liabilities: Cash: Long-term debt: Other assets: Fixed assets: Other liabilities: Investments: Operating assets: $22,000 $21,000 $102,000 $37,000 $120,000 $12,000 $33,000 $64,000 Total assets Total liabilities and equity

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