At December 31, 2016 Aloha Enterprises has cash of $50
At December 31, 2016 Aloha Enterprises has cash of $50 million, accounts receivable of $19 million, and long-term assets of $39 million. The company owes accounts payable of $13 million and has a long-term note payable of $25 million. Aloha Enterprises has common stock of $20 million and retained earnings of $50 million. Prepare Aloha Enterprises's balance sheet at December 31, 2016, complete with its proper heading.