Problem 3-6 (Algo) Balance sheet preparation; disclosures [LO3-2, 3-3, 3-4] The following is the ending balances of accounts at December 31, 2021, for the Vosburgh Electronics Corporation. Additional information: 1. The common stock represents 1.1 million shares of no par stock authorized, 570,000 shares issued and outstanding. 2. The receivables from employees are due on June 30, 2022. 3. The notes receivable are due in installments of $57,000, payable on each September 30 . Interest is payable annually. 4. Short-term investments consist of securities that the company plans to sell in 2022 and $57,000 in treasury bills purchased on December 15 of the current year that mature on February 15, 2022. Long-term investments consist of securities that the company does not plan to sell in the next year. 5. Deferred revenue represents payments from customer for extended service contracts. Seventy five percent of these contracts expire in 2022 , the remainder in 2023. 6. Notes payable consists of two notes, one for $107,000 due on January 15,2023 , and another for $207,000 due on June 30 , 2024 . Required: At December 31, 2021 Assets