TEI Manufacturing had $100,000 in current assets in 2022. They also had $500,000 of Net Property, Plant, and Equipment (PPE). They have $50,000 in Accounts Payable and Accrued Expenses (combined). You know they have some short-term borrowing (Notes Payable) but are not sure of the amount. Their Total Current Liabilities equal $150,000. They also have some long-term debt (liabilties) but you are not sure how much they have borrowed. They have $250,000 in total common equity.

Create a balance sheet for TEI using the information provide and include their Total Assets and Total Liabilities and Equity.