Problem 2-14 Preparing a Balance Sheet (LO1] Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $145.000; Patents and copyrights = $630,000: Accounts payable = $222,000; Accounts receivable = $135,000; Tangible net fixed assets $1,665,000; Inventory $302,000; Notes payable $130,000: Accumulated retained earnings $1,242,000 Long-term debt = $863,000. (Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.) = ROGERS CORP. Assets Cash Accounts receivable Inventory 222.000 130,000 352,000 $ Balance Sheet Liabilities and Equity 145,000 Accounts payable 135,000 Notes payable 302.000 Current liabilites 582,000 Long-term debt Total liabilities 1.665,000 630,000 Common stock Accumulated retained eamings 863,000 1,789,130 Tangible net fixed assets. Intangible net fixed assets 630.000 1,242,000 Total assets $ 2.877,000 Total liabilities & owners' equity 3,661,130