Financial data for jade’s jeans are given below. all figures are in dollars. use this data to construct a balance sheet for the company for the year ending december 31, 2016 and use your constructed statement to answer the following 5 questions (i. e., 11 through 15). note: not every item in the list below belongs on the balance sheet – you have to use some given data to determine needed accounts for the balance sheet. however, other than what is listed and/or can be derived, there are no other accounts on jade’s balance sheet - use cash as a plug figure to balance the balance sheet. accounts payable 955,000 accruals 294,600 accumulated depreciation 12,975,300 additional paid in capital 19,476,200 beginning of year inventory 9,471,600 common stock ($2.00 par value) 14,200,000 cost of goods sold 71,359,800 current portion of long-term debt 1,475,600 gross accounts receivable 1,995,600 gross fixed assets 64,851,200 long-term debt (excluding current portion) 15,148,600 purchases 70,384,700 retained earnings 11,017,600 returns and allowances 12,600 short-term bank loan 866,000 cash 11. what did jade’s jeans record as total current assets on december 31, 2016 balance sheet? 12. what did jade’s jeans record as total current liabilities on december 31, 2016 balance sheet? 13. what did jade’s jeans record as total assets on december 31, 2016 balance sheet?