Prepare a 2015 balance sheet for Cornell Corp. based on the following information: cash = $133,000; patents and copyrights = $630,000; accounts payable = $213,500; accounts receivable = $127,500; tangible net fixed assets = $1,635,000; inventory = $296,000; notes payable = $190,000; accumulated retained earnings = $1,266,000; long-term debt = $851,000. (Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.)

CORNELL COP. Balance Sheet
Assets
(Click to select)InventoryCashAccounts payableAccounts receivableNotes payable	$
(Click to select)Notes payableAccounts payableAccounts receivableIntangible net fixed assetsTangible net fixed assets
(Click to select)Accounts payableAccounts receivableCommon stockInventoryCash
Current assets	$
(Click to select)Accounts receivableTangible net fixed assetsInventoryAccounts payableIntangible net fixed assets
(Click to select)Common stockNotes receivableAccumulated retained earningsTangible net fixed assetsIntangible net fixed assets
Total assets	$
Liabilities
(Click to select)Accumulated retained earningsAccounts payableNotes payableAccounts receivableLong-term debt	$
(Click to select)Notes receivableCommon stockNotes payableLong-term debtAccumulated retained earnings
Current liabilities	$
(Click to select)Accounts receivableInventoryLong-term debtAccounts payableCash
Total liabilities	$
(Click to select)Accounts payableCommon stockNotes payableNotes receivableAccounts receivable
(Click to select)Notes payableCommon stockCashAccumulated retained earningsAccounts payable
Total liabilities & owners' equity	$