Question: Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $370,000; Patents and copyrights $760,000; Accounts payable = $490,000;

Prepare a 2018 balance sheet for Rogers Corp. based on the following

Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $370,000; Patents and copyrights $760,000; Accounts payable = $490,000; Accounts receivable = $159,000; Tangible net fixed assets = $4,000,000; Inventory $315,000; Notes payable = $190,000; Accumulated retained earnings = $1,325,000; Long-term debt $1,530,000. What is the common stock account balance for the company? Multiple Choice O = O $2,731,000 $2,290,000 $1,848,000 = =

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