Question: Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $360,000; Patents and copyrights = $800,000; Accounts payable = $330,000;

 Prepare a 2018 balance sheet for Rogers Corp. based on the

Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $360,000; Patents and copyrights = $800,000; Accounts payable = $330,000; Accounts receivable = $169,000; Tangible net fixed assets = $3,700,000; Inventory = $185,000; Notes payable = $190,000; Accumulated retained earnings = $1,255,000; Long-term debt = $1,730,000. What is the common stock account balance for the company? Multiple Choice $2,089,000 $2,031,000 $1,484,000 $1,709,000 $1,934,000

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