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The bookkeeper for Baird's Country Music Bar left this incomplete balance sheet. Baird's working capital is $104,000 and its debt to assets ratio is 40

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The bookkeeper for Baird's Country Music Bar left this incomplete balance sheet. Baird's working capital is $104,000 and its debt to assets ratio is 40 percent Required Complete the balance sheet by supplying the missing amounts. Er B Ratio Project s 26,000 38,000 16,000 (39,000) 212,000 Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Long term assets Building Less: Accumulated depreciation Total long-term assets Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Notes payable Income tax payable Total current liabilities Long-term liabilities Mortgage payable Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 9,000 8,800 35 600 95.000 A

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