yplus.com/courses/35305/assignments/4082808?module item id=12955161 Current Attempt in Progress The following balance sheet was prepared by the bookkeeper for Kraus Company as of December 31, 2017 Kraus Company Balance Sheet as of December 31, 2017 Cash $97,710 Accounts payable $79.560 Accounts receivable net 52.020 Bonds payable 100 000 Inventory 59.680 Stockholders uity 242.690 300 Louipment 100 33740 $422.250 $422.250 The following additional information is provided 1 Caschindudes the c urrender wall of a surance policy $8.980 and aboverdraft of $2.030 has been deducted 2. The net accounts rece b alance includes accounts receivable-debit balances $59.930, Il accounts receivable credit balances $3.680 c) allowance for doubtful counts $4230 3. Inventory does not include goods costing $3.480 shipped out on consignment. Receivables of $3,480 were recorded on these goods 4 Investments include investments in common stock trading $18.280 and available for sale $47870, and franchises $8.00 5. Equipment costing $4500 with accumulated depreciation $3.500 is no longer used and is held for sale. Accumulated depreciation on the other equipment Prepare a balance sheid om t e Kraus Company Balance Sheet Kraus Company Balance Sheet Liabilities and Stockholders' Equity TY Liabilities and Stockholders' Equity Send to Gradebook Submitted to Gradebook Frieb 14 2000.1020 OPM America New York-05.00 TY