Question: 4 P2-16 Preparing a Balance Sheet (LO1] Prepare a 2018 balance sheet for Rogers Corporation based on the following Information: Cash = $260,000; Patents and

4 P2-16 Preparing a Balance Sheet (LO1] Prepare a 2018 balance sheet for Rogers Corporation based on the following Information: Cash = $260,000; Patents and copyrights = $780,000; Accounts payable = $420,000; Accounts receivable = $149,000: Tangible net fixed assets = $4,200,000; Inventory = $225,000; Notes payable $170,000; Accumulated retained earnings $1,185,000; Long-term debt = $1,630,000. What is the common stock account balance for the company? Book Print Frences Multiple Choice $2.209,000 $1,987,000

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