AC Lid. Has collected the following data and asks you to prepare the Balance Sheet at 12/31/20X2: Balance Sheet Items 12/31/20X2 12/31/20X1 Accounts Payable to Suppliers $29,000 $ 27,000 Accounts Receivable from Customers $29,000 $ 24,000 Bonds Payable $31,700 $31,700 Buildings (net of depreciation) $11,000 $12,000 Cash $7,000 $3,000 Land $31,700 $31,700 Equipment (net of depreciation) $23,000 $17,000 Income Taxes Payable $7,000 $5,000 Common Stock $9,000 $6,000 Merchandise Inventory $16,325 $ 8,000 Retained Earnings $25,000 $25,000 Salaries Payable $16,325 $1,000 Required 1: AC's Current assets as of 12/31/20X2 must have been: $ Required 2: AC's Non Current Assets as of 12/31/20X2 must have been: $ Required 3: AC's Total Assets as of 12/31/20X2 must have been: $ Required 4: AC's Current Liabilities as of 12/31/20X2 must have been: $ Required 5: AC's Non Current liabilities as of 12/31/20X2 must have been: $ Required 6: AC's Total Liabilities as of 12/31/20X2 must have been: $ Required 7: AC's Owner's Equity as of 12/31/20X2 must have been: $ Required 8: AC's Total Liabilities and Owner's Equity as of 12/31/20X2 must have been: $