Prepare a balance sheet in good form. (Assests=Liabilities + Net Assests) using table information and analyze the balance sheet ( what does it tell the reader?

Account Balance Gross plant & equipment $5,000,000 Accounts payable 230,000 Inventories 200,000 Other current liabilities 80,000 Net accounts receivable 550,000 Accrued expenses 90,000 Accumulated depreciation 110,000 Long-term debt 4,000,000 Cash 310,000