Question: Given the following information for Smashville, Inc., construct a balance sheet: Current liabilities:................$42,000 Cash:..............................$21,000 Long-term debt:................$102,000 Other assets:......................$36,000 Fixed assets:.....................$150,000 Other liabilities:..................$11,000 Investments:......................$32,000 Operating assets:.................$64,000

Given the following information for Smashville, Inc., construct a balance sheet:

Current liabilities:................$42,000

Cash:..............................$21,000

Long-term debt:................$102,000

Other assets:......................$36,000

Fixed assets:.....................$150,000

Other liabilities:..................$11,000

Investments:......................$32,000

Operating assets:.................$64,000

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