The manager of News Writer, Inc., prepared the company's balance sheet as of January $31,2021,$ while the company's accountant was ill. The balance sheet contains numerous errors. In particular, the manager knew that the balance sheet should balance, so she plugged in the stockholders' equity amount needed to achieve this balance. The stockholders' equity amount is not correct. All other amounts are accurate.

$($Click the icon to view the manager's balance sheet.$)$

Read the requirements.

Requirement $1.$ Prepare the correct balance sheet and date it properly. Compute total assets, total liabilities, and stockholders' equity. balance sheet into current and long$-$term sections. In the first part complete the assets section of the balance sheet. In the second part complete the liabilities and stockholders' equity section of the balance sheet. If an input field is not used in the balance sheet, leave the field empty; do not select a label or enter a zero.$)$