Question: 3. Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $127,000; Patents and copyrights $660,000; Accounts payable $210,000; Accounts receivable

3. Prepare a 2018 balance sheet for Rogers Corp. based on

3. Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $127,000; Patents and copyrights $660,000; Accounts payable $210,000; Accounts receivable $115,000; Tangible net fixed assets $1,610,000; Inventory $286,000; Notes payable $155,000; Accumulated retained earnings $1,368,000; Long-term debt $830,000

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