The following balance sheet information is available for Atl…
The following balance sheet information is available for Atlas Manufacturing, Inc. Shareholders’ equity is the residual. Assume no preferred stock or treasury stock. Construct balance sheets for both 2025 and 2026.Item2025 ($)2026 ($)Current assets2,7403,020Net fixed assets8,4608,880Current liabilities1,3601,510Long-term debt3,9503,180