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Prepare a Balance Sheet from the following information for the year ended December 31, 2014:...

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Accounting

Prepare a Balance Sheet from the following information for the year ended December 31, 2014:
Long term debt $ 500,000
Cash $ 61,000
Allowance for bad debts $ 75,000
Wages Payable $ 43,000
Accounts receivable $ 425,000
Accumulated depreciation $ 350,000
Inventories $ 110,000
Gross Plant & Equipment $ 1,140,000
Accounts Payable $ 37,000
Prepaid rent $ 8,000
Increase in (Unrestricted) Net Assets $ 159,000
Beginning balance, temporarily restricted net assets $ 70,000
Net assets released from temporary restriction $ 22,000
Beginning balance, unrestricted net assets $ 475,000
Ending balance, permanently restricted net assets $ 35,000

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