3. Complete the balance sheet for General Aviation, Inc. based on the following financial data Balance Sheet General Aviation, Inc. December 31, 2005 Assets Cash Marketable securities Accounts receivable Inventories $ 8,005 Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets $50,000 Total assets Liabilities and Stockholders' Equity Accounts payable $28,800 Notes payable Accruals $18,800 Total current liabilities Long-term debts Total liabilities Stockholders' equity Preferred stock Common stock at par Paid-in capital in excess of par Retained earnings 2,451 30,000 6,400 90,800 Total stockholders' equity Total liabilities and stockholders' equity