This company's balance sheet has the following information; Cash = $5,000, Account

Receivable = $4,000, Inventory = $10,000, Supplies = $1,000, Plant = $50,000,

Equipment = $25,000, Intellectual Property = $2,500. Trades Payable = $2,000,

Income Tax Payable = $1,000, Short-Term Debt = $ 2,000, long-Term Debt =

$15,000, Bonds = $10,000, Common Stock = $40,000 and Retained Earnings =????

Create a Simplified Balance Sheet for this company from the financial information

provided above.

a) Total Assets = $92,500

b) Total Fixed Assets = $57,500

c) Net Working Capital = $25,000

d) Total Debt = $30,000