Question: Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $127,000; Patents and copyrights $660,000; Accounts payable = $210,000; Accounts

Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $127,000; Patents and copyrights $660,000; Accounts payable = $210,000; Accounts receivable = $115,000; Tangible net fixed assets = $1,610,000; Inventory $286,000; Notes payable = $155,000; Accumulated retained earnings = $1,368,000; Long-term debt = $830,000. (Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.) ROGERS CORP. Balance Sheet es Assets Cash Accounts receivable Inventory 127,000 115,000 286,000 Current assets 528,000 Tangible net fixed assets 1,610,000 660,000 2,798,000 Total assets $ Liabilities Accounts payable Notes payable 210,000 155,000 Current liabilities Long-term debt 365,000 830,000 Drew 12 of 25 Nevt 12 35 ints ROGERS CORP. Balance Sheet Assets Cash $ Accounts receivable Inventory 127,000 115,000 286,000 eBook Print Current assets $ 528,000 References Tangible net fixed assets 1,610,000 660,000 2.798,000 $ Total assets Liabilities Accounts payable Notes payable $ 210,000 155,000 $ Current liabilities Long-term debt Total liabilities 365,000 830,000 1,195,000 $ Accumulated retained earnings Common stock 1,368,000 235,000 Total liabilities & owners' equity 2.798,000 Mc Graw THE
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