[The following information applies to the questions displayed below.] TangoCo is developing its annual financial statements for the current year. The following amounts were correct at December 31, current year: cash, $49,200; investment in stock of PIL Corporation (longterm), $36,800; store equipment, $67,600; accounts receivable, $72,220; inventory, $158,000; prepaid rent, $1,160; used store equipment held for disposal, $10,200; accumulated depreciation, store equipment, $13,480; income taxes payable, $10,

Prepare a current year balance sheet