3 The financial statements for Castile Products, Inc., are given below Castile Products, Inc. Balance Sheet December 31 0.34 points Assets Current assets: $ 18,000 240,000 310,000 10,000 578,000 850,000 Cash Accounts receivable, net Merchandise inventory eBook Print References Prepaid expenses Total current assetS Property and equipment, net Total assets Liabilities and Stockholders' Equity Liabilities $1,428,000 $290,000 360,000 650,000 Current liabilities Bonds payable, 10 Total liabilities Stockholders' equity Common stock, $10 par value Retained earnings 170,000 608,000 778,000 Total stockholders' equity Total liabilities and stockholders' equity $1,428,000 Castile Products, Inc. Incone Statement For the Year Ended December 31