The professor informed us that the Total Current assets are $15,847,105, the Total Assets / total liabilities and equities are $19,448,977, the total current liabilities are $4122072.16.

Below left is the adjusted trial balance, below right is the balance sheet. I am not sure what I am missing.

H 2 3 Balance Sheet As of December 31, 20XX Adjusting entries Dr Cr Cr 4 265,000.00 5 6 PEYTON APPROVED TRIAL BALANCE As of December 31, 2017 Dr Cr 1,488,999.34 5,500,000.00 7,092,495.88 1,605,098.52 128,152.63 71,877,07 207.834.14 17,647.42 250,000.00 1,250,000.00 2.254.140.00 Cash Marketable Securities Accounts Receivable Baking Supplies Merchandise Inventory Prepaid Rent Prepaid Insurance Misc. Supplies Land Building Baking Equipment 7 Dr 1,488,999.34 5,235,000.00 7,092,495.88 1,605,098.52 128,152.63 71,877.07 207,834.14 17,647.42 250,000.00 1,250,000.00 2,387,730.00 8 9 Assets Current Assets: Cash 1,488,999.34 Marketable Securities 5,235,000.00 Accounts Receivable 7,092,495.88 Baking Supplies 1,605,098.52 Merchandise Inventory 128, 152.63 Prepaid Rent 71,877.07 Prepaid Insurance 207,834.14 Misc. Supplies 17,647.42 10 Liabilities and Owners' Equity Current Liabilities: Accounts Payable 1,555,212.85 Wages Payable 250.203.31 Interest Payable 21,888.22 Current Portion of Bonds Payab 1,000,000.00 Income taxes currently payable 989,792.91 Accrued Pension Liability 107,041.70 Accrued Employees Health Insur 43,718.91 Lease Liability 86,590.00 Contingent Liability - Lawsuit Deferred Tax Liability 133,590.00 11 12 328,282.00 328,282.00 13 2,500.00 47,500.00 14 15 Accumulated Depreciation Patent 50,000.00 Accounts Payable Wages Payable Interest Payable Current Portion of Bonds Payable Income Taxes Currently Payable Accrued Pension Liability Accrued Employees Health Insurance Lease Liability 1,555,212.85 250,203.31 21.888.22 1,000,000.00 1,042,118.16 16 1,555,212.85 250,203.31 21.888.22 1,000,000.00 989,792.91 107,041.70 43,718.91 86,590,00 52,325.25 107,04170 43,718.91 106,590.00 17 18 19 Total Current Assets 15,847,105.00 Total Current Liabilities 4,054,447.90 20,000.00 20 Long Term Liabilities: Bonds Payable 10%, 20 year 21 4,000,000.00 4,000,000.00 500,000.00 1,750,000.00 2,213,122.59 4,000,000.00 500,000.00 1,750,000.00 2,213,122.59 22 Long Term/Fixed Assets: Land 250,000.00 Building 1,250,000.00 Baking Equipment 2,387,730.00 Accumulated Depreci -328,282.00 23 24 25 50,000.00 5,250,000.00 Total Long Term Liabilities: 4,000,000.00 33,881,157.15 124,795.80 33,881,157.15 124,795.80 Total Liabilities: 8,054,447.90 26 27 Net Fixed assets 3,559,448.00 20,000.00 28 Deferred Tax Liability Bonds Payable Preferred Stock Common Stock Beginning Retained earnings Dividends - Preferred 50,000.00 Dividends - Common 5,250,000.00 Bakery Sales Merchandise Sales Cost of Goods Sold - B: 10,954,907.36 Cost of Goods Sold - M. 88,994.79 Rent Expense 1,576,731.95 Wages Expense 2,604,526.23 Miso. Supplies Expense 263.224.56 Repairs and Maintenano 47.353.05 Business License Expen: 211,757.65 Misc. Expense 141.171.08 Depreciation Expense 634,520.00 Insurance Expense 112,937.69 Advertising Expense 160,413.49 Interest Expense 484,703,27 Telephone Expense 50,821.34 Pension Expense Retired Employees Health Ins. Patent Amortization Income Tax Expense 47,500.00 Patent Net of Amortizatic 27,000.00 29 30 10,954,907.36 88,994.79 1,556,731.95 2,604,526.23 263,224.56 20,353.05 211,757.65 91,171.08 634,520.00 112,937.69 160,413.49 484,703.27 50,821.34 107,041.70 43,718.91 2,500.00 Preferred Stock - (10,000 autho 500,000.00 5,000 issued, 10%, $100 par value) Common Stock - (2,000,000 sha 1,750,000.00 authorized, 1,750,000 issued, $1 par) Retained Earnings 9,076,904.84 50,000.00 31 32 33 34 Total Equity 11,326.904.84 35 107,041.70 43,718.91 2,500.00 36 Total Liabilities & Equity 19,381,352.74 375.00 375.00 37 Total Assets 19,454,053.00 Unrealized Gain(Loss) on Marketable Securities Held for Sale 265,000.00 265,000.00 38 4.168.472.62 375.00 Income Taxes Deferred Tax Expense 52,325.25 4,168,847.62 (52.325.25) 39 40 41 42 46,716,780.08 46,666,780.08 624,550.86 674,550.86 46,852,180.44 46,852,180.44