Below is the Trial Balance for the MicroHard Company as at December 31, 2010.

Required:
Prepare a formal balance sheet for MicroHard Company.

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MicroHard Company Trial Balance December 31, 2010 Debit ($000s) Credit ($000s) 12,000 Accounts Accounts payable Accounts receivable Building Cash Bonds payable Accumulated depreciation-Buildings Land used in operations Notes receivable Notes payable Common shares Retained earnings Patents Land not used in operations Totals 50,000 500,000 30,000 327,000 125,000 150,000 40,000 300,000 100,000 163,000 207,000 50,000 1,027,000 1,027,000