Prepare a 2018 balance sheet for Rogers Corporation based on the following information: Cash = $400,000; Patents and cop

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answerhappygod
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Prepare a 2018 balance sheet for Rogers Corporation based on the following information: Cash = $400,000; Patents and cop

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Prepare a 2018 balance sheet for Rogers Corporation based
on the following information: Cash = $400,000; Patents and
copyrights = $680,000; Accounts payable = $450,000; Accounts
receivable = $139,000; Tangible net fixed assets = $3,200,000;
Inventory = $275,000; Notes payable = $180,000; Accumulated
retained earnings = $1,185,000; Long-term debt = $1,830,000. What
is the common stock account balance for the company?
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