Question: For a fictitious dairy farm - construct a balance statement that includes the following line items: Stored feed inventory; supplies; current portion of mortgage due;

For a fictitious dairy farm - construct a balance statement that includes the following line items: Stored feed inventory; supplies; current portion of mortgage due; machinery; land/property; employee wages; operating loan; total mortgage value; savings account balance; marketable livestock for sale - calves; cash; accounts payable; equipment loan; stored feed inventory; accounts receivable; equipment value; breeding animals - cows; vehicles The balance sheet should be organized (any format) into current and non-current assets and liabilities. The following guidelines MUST be followed when placing $ value to each line item:

total Net Worth must be greater than $2 million and the Debt to Equity ratio must be 3.0 Dollar values can be approximate, but should be generally realistic

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