Question: Given the following information for Smashville, Inc., construct a balance sheet: Current liabilities: .......... $31,000 Cash: ............... $18,000 Long-term debt: .......... $96,000 Other assets: .............

Given the following information for Smashville, Inc., construct a balance sheet:
Current liabilities: .......... $31,000
Cash: ............... $18,000
Long-term debt: .......... $96,000
Other assets: ............. $36,000
Fixed assets: ........... $140,000
Other liabilities: ........... $11,000
Investments: ........... $29,000
Operating assets: .......... $64,000

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