Question: Construct a balance sheet for Sophie's Sofas given the following data, including shareholder's equity. Cash balances $ 1 5 , 0 0 0 Inventory of

Construct a balance sheet for Sophie's Sofas given the following data, including shareholder's equity.
Cash balances $15,000
Inventory of sofas $250,000
Store and property $150,000
Accounts receivable $27,000
Accounts payable $22,000
Long-term debt $220,000

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