Question: You are preparing a 2015 balance sheet for Cornell Corp. based on the following information: cash = $144027; patents and copyrights = $647133; accounts payable

You are preparing a 2015 balance sheet for Cornell Corp. based on the following information: cash = $144027; patents and copyrights = $647133; accounts payable = $218502; accounts receivable = $123397; tangible net fixed assets = $1.8 million; inventory = $287808; notes payable = $111742; accumulated retained earnings = $1.1 million; long-term debt = $715876. What must be the amount of Common Stock on this balance sheet?

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