2017 2018 Net Assets 50,000 62,000 generated? Capital Retained Stock Earnings 15,000 35,000 15,000 47,000 12. Stoltzfus Accounting Services has the following account balances at the end of 2018: a. Determine the amount of assets to be presented on the balance sheet. b. Determine the amount of liabilities to be presented on the balance sheet. c. Determine the amount of net assets (equity) to be presented on the balance sheet. Cash Supplies Inventory 87,000 14,000 66,000