Cash balance = $62,000 + $1,660,000 - $1,580,000 = $142,000
Accounts receivable balance = $1,700,000 ∗ 60% = $1,020,000
Merchandise inventory balance = $1,750,000 ∗ 10% = $175,000
Accumulated depreciation = $276,000 + $24,000 = $300,000
Accounts payable balance = $900,000 ∗ 20% = $180,000