The balance sheet for Iguazu Corporation is given below. Sales for the year were $$2,105,000,$ with $80\%$ of sales sold on credit. The cost of sales for the year were $$1,184,000.$

$\backslash$table$[[\backslash$table$[[$Iguazu Corporation$],[$Balance Sheet as per Dec $15,2021]]],[$Assets$,$Liabilities and Shareholders' Equity$],[$Cash$,,90,000,$Accounts payable,$200,000],[$Accounts receivable,,$250,000,$Accrued taxes,$32,000],[$Inventory$,,280,000,$Accrued salaries,$93,000],[$Current assets,,$620,000,$Current liabilities,$325,000],[$Plant and equipment,,$890,000,$Mortgage,$455,000],[$Total assets,:,$1,510,000,$Total liabilities,$780,000],[,$Common stock,$350,000],[,$Retained earnings,$380,000],[,$Total shareholders' equity,$730,000],[,$Total liabilities and shareholders' equity,$1,510,000$