Construct a balance sheet for Sophies Sofas given the following data. (Be sure to list the assets and liabilities in order of their liquidity.)

Cash balances	=	$	11,500
Inventory of sofas	=	$	215,000
Store and property	=	$	115,000
Accounts receivable	=	$	23,500
Accounts payable	=	$	18,500
Long-term debt	=	$	185,000

BALANCE SHEET OF SOPHIES SOFAS
Assets		Liabilities & Shareholders Equity
(Click to select) Long-term debt Inventory Accounts payable Accounts receivable Cash Shareholders equity Store & property	$	(Click to select) Store & property Accounts payable Cash Accounts receivable Long-term debt Inventory Shareholders equity	$
(Click to select) Store & property Long-term debt Accounts payable Shareholders equity Inventory Cash Accounts receivable		(Click to select) Store & property Accounts payable Accounts receivable Long-term debt Cash Shareholders equity Inventory
(Click to select) Shareholders equity Store & property Accounts payable Cash Long-term debt Accounts receivable Inventory		(Click to select) Inventory Accounts payable Long-term debt Cash Accounts receivable Shareholders equity Store & property
(Click to select) Cash Shareholders equity Inventory Accounts receivable Long-term debt Accounts payable Store & property
Total assets	$	Total liabilities & Shareholders' equity	$