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XYZ Corporation provides the following information as of December 31, 2023: Assets Amount ($) Cash $50,000 Accounts Receivable $30,000 Inventory $70,000 Property, Plant, and Equipment

XYZ Corporation provides the following information as of December 31, 2023:

Assets

Amount ($)

Cash

$50,000

Accounts Receivable

$30,000

Inventory

$70,000

Property, Plant, and Equipment

$200,000

Total Assets

?

Liabilities

Amount ($)

Accounts Payable

$20,000

Notes Payable

$50,000

Total Liabilities

?

Stockholders' Equity

Amount ($)

Common Stock

$100,000

Retained Earnings

$180,000

Total Stockholders' Equity

?

Prepare the balance sheet for XYZ Corporation.

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