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The bookkeeper for Perez's Country Music Bar left this incomplete balance sheet. Perez's working capital is $99,000 and its debt to assets ratio is 40

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The bookkeeper for Perez's Country Music Bar left this incomplete balance sheet. Perez's working capital is $99,000 and its debt to assets ratio is 40 percent. Required Complete the balance sheet by supplying the missing amounts. Assets Current assets Cash $ 23,000 32,000 17,000 (44,000) 226,000 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 8,600 37,100 98,000

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