Supreme Videos, Inc. Balance Sheet anuarv Assets Current assets: Cash Accounts receivable Inventories: $ 82,00e0 121,000 $ 49,000 22,000 100,000 Raw materials (film, costumes) Videos in process Finished videos awaiting sale 171,000 12,80 386,800 Prepaid insurance Total current assets Studio and equipment 768,000 229,000 Less accumulated depreciation 539,000 $925,8060 lotal assets Liabilities and Stockholders' Equity $128,800 Accounts payable Capital stock Retained earnings Total liabilities and stockholders' equity $508,000 289,000 797,000 $925, 800