Question: Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $250,000; Patents and copyrights = $630,000; Accounts payable $380,000; Accounts receivable

Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $250,000; Patents and copyrights = $630,000; Accounts payable $380,000; Accounts receivable $149,000; Tangible net fixed assets $3,700,000; Inventory $305,000; Notes payable = $180,000; Accumulated retained earnings $1,245,000; Long-term debt = $1,630,000. What is the common stock account balance for the company? Multiple Choice $1,380,000 $1,599,000 Multiple Choice $1,380,000 $1,599,000 $1,959,000 $2,061,000 $1,818,000
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