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undefined Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $320,000; Patents and copyrights = $720,000; Accounts payable =
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Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $320,000; Patents and copyrights = $720,000; Accounts payable = $430,000; Accounts receivable = $119,000; Tangible net fixed assets = $3,600,000; Inventory = $275,000; Notes payable $190,000; Accumulated retained earnings = $1,285,000; Long-term debt = $1,630,000. What is the common stock account balance for the company? Multiple Choice 0 $1,274,000 $1,879,000 0 $1,499,000 $1,724,000 0 $2,121,000Step by Step Solution
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