The bookkeeper for Rakovs Country Music Bar left this incomplete balance sheet. Rakovs working capital is $108,000 and its debt to assets ratio is 40 percent. Complete the balance sheet by supplying the missing amounts.

Assets Current assets $ 23,000 35,000 Cash Accounts receivable Inventory Prepaid expenses 9,000 Total current assets Long-term assets Building (38,000) 216,000 Less: Accumulated depreciation Total long-term assets Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Notes payable Income tax payable 7,000 8,900 36,000 Total current liabilities Long-term liabilities Mortgage payable Total liabilities Stockholders' equity Common stock 96,000 Retained earnings Total stockholders' equity Total liabilities and stockholders' equity