$11,800 $24,200 Complete the balance sheet for 2017: (Round to the nearest dollar.) Balance Sheet 12/31/2017 ASSETS LIABILITIES Current assets Current liabilities Cash $25,800 Notes payable Accounts receivable $19,200 Accounts payable Inventories $53,100 Total current liabilities Total current assets Long-term debt Fixed assets $447,900 OWNERS' EQUITY Accumulated depreciation (-) Retained earnings Intangible assets $82,000 Common stock TOTAL LIABILITIES AND TOTAL ASSETS OWNERS' EQUITY $ $ $161,800 $ $181,800 $ Partial Income Statement Year Ending 2017 Sales revenue $350,200 Cost of goods sold $142,000 Fixed costs $42,900 Selling, general, and administrative expenses $27,800 Depreciation $46,200 $13,800 (Click on the following icon 2 in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $15,800 Notes payable Accounts receivable $27,800 Accounts payable Inventories $48,100 Long-term debt Fixed assets $367,800 OWNERS' EQUITY Accumulated depreciation (-) $141,900 Retained earnings Intangible assets $82,000 Common stock $19,200 $189,800 $132,000 ASSETS Partial Balance Sheet 12/31/2017 LIABILITIES $25,800 Notes payable $19,200 Accounts payable $53,100 Long-term debt $447,900 OWNERS' EQUITY Retained earnings $82,000 Common stock Cash Accounts receivable Inventories Fixed assets Accumulated depreciation (-) Intangible assets $11,800 $24,200 $161,800 $181,800