Question: Prepare a balance sheet for Alaskan Strawberry Corp. as of December 31, 2016. based on the following information: cash = $197,000: patents and copyrights =

Prepare a balance sheet for Alaskan Strawberry Corp. as of December 31, 2016. based on the following information: cash = $197,000: patents and copyrights = $863,000; accounts payable = $288,000; accounts receivable = $265,000; tangible net fixed assets = $5,150,000: inventory = $563,000: notes payable = $194,000; accumulated retained earnings = $4,586,000: long-term debt = $1,590,000.

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