Required: Using the following data, complete the balance sheet. a. Blue Co.'s records show that current and former customers owe the firm a total of $4,100; $640 of this amount has been due for more than a year from two customers who are now bankrupt. b. The automobile, which is still being used in the business, cost $15,600 new, a used car dealer's Blue Book shows that it is now worth $10,000. Management estimates that the car has been used for one-third of its total potential use. c. The land cost Blue Co. $15,000; it was recently assessed for real estate tax purposes at a value of $19,000. d. Blue Co.'s president isn't sure of the amount of the note payable, but he does know that he signed a note. e. Since Blue Co. was formed, net income has totaled $33,000, and dividends to stockholders have totaled $22,000. 3,550 Assets Cash Accounts receivable Land Automobile Less: Accumulated Depreciation Blue Co., Inc. Balance Sheet October 31, 2013 Liabilities and Stockholders' Equity $ 900 Note payable 3,460 Accounts payable 15,000 Total liabilities 15,600 Stockholders' Equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 5,700 Total assets