3. Value: points 10.00 Minden Company is a wholesale distributor of premium European chocolates. The company's balance sheet as of April 30 is as follows: MINDEN COMPANY Balance Sheet April 30 Assets 10,600 Cash 56,000 Accounts receivable, customers 31,200 Inventory Buildings and equipment, net of depreciation 215,000 Total assets $312,800 Liabilities and Shareholders' Equity 65400 Accounts payable, suppliers Note payable 15,300 188,000 Capital shares, no par Retained earnings 44,100 $312,800 Total liabilities and shareholders' equity