SANDERSON MANUFACTURING COMPANY Balance Sheet At December 31, 2021 ($ in 000s) Assets Current assets: Cash Accounts receivable Allowance for uncollectible accounts Finished goods inventory Prepaid expenses Total current assets Long-term assets: Investments Raw materials and work in process inventory Equipment Accumulated depreciation Patent (net) $ 2,750 6,500 (1,900) 7,500 2,700 17,550 4,500 3,750 24,000 (5,700) Total assets $ ? Liabilities and Shareholders' Equity Current liabilities: Accounts payable $ 6,700 Notes payable 7,000 Interest payable (on notes) 1,600 Deferred revenue 6,000 Total current liabilities 21,300 Long-term liabilities: Bonds payable Interest payable (on bonds) Shareholders' equity: Common stock Retained earnings Total liabilities and shareholders' equity 7,000 500 $ ?