Question: You are preparing a 2015 balance sheet for Cornell Corp. based on the following information: cash = $146,136; patents and copyrights = $620,190; accounts payable

You are preparing a 2015 balance sheet for Cornell Corp. based on the following information: cash = $146,136; patents and copyrights = $620,190; accounts payable = $217,320; accounts receivable = $126,969; tangible net fixed assets = $1.7 million; inventory = $307,359; notes payable = $139,247; accumulated retained earnings = $1.1 million; long-term debt = $767,105. What must be the amount of Common Stock on this balance sheet

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