Prepare a balance sheet for mullens hardware for December 31 of last year. The company assets are cash $15,000, accounts receivable $21,000, and...

Prepare a balance sheet for mullens hardware for December 31 of last year. The company assets are cash $15,000, accounts receivable $21,000, and merchandise inventory $95,000. The liabilities are accounts payable $12,000 and wages payable $17,000. The owners capital is $102,000