Question: Construct a balance sheet for Sophie's Sofas given the following data, including shareholders' equity.Construct a balance sheet for Sophie's Sofas given the following data, including

Construct a balance sheet for Sophie's Sofas given the following data, including shareholders' equity.Construct a balance sheet for Sophie's Sofas given the following data, including shareholders' equity.
Cash balances $ 8,500
Inventory of sofas $ 185,000
Store and property $ 85,000
Accounts receivable $ 20,500
Accounts payable $ 15,500
Long-term debt $ 155,000
 Construct a balance sheet for Sophie's Sofas given the following data,

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