Balance sheet. The following are account balances as of September 30, 20X1, for Stone Hospital. Prepare a balance sheet at September 30, 20X1. (Hint: net assets will also need to be calculated.)
Givens
Gross plant, property, and equipment $65,000,000
Cash $6,000,000
Net accounts receivable $12,700,000
Accrued expenses $5,200,000
Inventory $5,300,000
Long-term debt $22,500,000
Accounts payable $8,300,000
Accumulated depreciation $28,500,000