Answer:
$196,000
Explanation:
The question is to prepare the balance sheet of Bowler Corporation as at the end of 2021.
Balance Sheet is generally divided into Assets side (Non-Current and current) Liabilities (non-current and current) and the Stockholders equity. A good balance sheet should be as follows Asset= Liabilities + Equity  
Bowler Corporation Balance Sheet as at 2021
Particulars                                            Amount($)                 Amount($)
Non-Current Assets
Equipment                                          210,000
Less: Depreciation                            <u> (78,000)    </u>                132,000
Current Assets
Cash                                                      9,500
Accounts receivable                            19,500
Inventory                                               <u>35,000</u>
Total Current Assets                                                              <u>64,000</u>
Total Assets                                                                           196,000
Liabilities and Equity
Current Liabilities 
Accounts Payable                                 75,000
Salaries payable                                <u>    31,000</u>
Total liabilities                                                                         106,000
Equity                                                   
Common Stock                                      69,000 
Retained earnings                                <u>  21,000</u>
Total stockholders' equity                                                        <u> 90,000</u>
Total Liabilities and Equity                                                      196,000