Prepare a 2010 balance sheet for Jarrow Corp. based on the following information:

cash $175,000;

patents and copyrights $730,000;

accounts payable $435,000;

accounts receivable $240,000;

tangible net fixed assets $3,650,000;

inventory $405,000;

notes payable $160,000;

accumulated retained earnings $1,980,000;

long-term debt $2,140,000.