1. 2018: $ 2,400 1,400 500 1,350 $ 5,650 BARKER, INC. Balance Sheet December 31, 2018 Assets Current Assets: Cash Accounts Receivable Raw Materials Inventory Finished Goods Inventory Total Current Assets Property, plant, and Equipment: Equipment Less: Accumulated Depreciation Total Assets Liabilities Current Liabilities: Accounts Payable Stockholders' Equity Common Stock, no par Retained Earnings Total Stockholders' Equity otal Liabilities and Stockholders' Equity 16,000 (1,500) 14,500 $ 20,150 $ 1,000 $ 6,500 12,650 19,150 $ 20,150 1. 2018: $ 2,400 1,400 500 1,350 $ 5,650 BARKER, INC. Balance Sheet December 31, 2018 Assets Current Assets: Cash Accounts Receivable Raw Materials Inventory Finished Goods Inventory Total Current Assets Property, plant, and Equipment: Equipment Less: Accumulated Depreciation Total Assets Liabilities Current Liabilities: Accounts Payable Stockholders' Equity Common Stock, no par Retained Earnings Total Stockholders' Equity otal Liabilities and Stockholders' Equity 16,000 (1,500) 14,500 $ 20,150 $ 1,000 $ 6,500 12,650 19,150 $ 20,150