9 [The following information applies to the questions displayed below] The following financial statements and additional information are reported. K?BAN INC. Comparative Balance Sheets June 30, 2017 and 2016 Pert 1 of 2 ' 2017 2016 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accum. depreciation-Equipment Total assets 5.88 points 87,500 $ 44,0e0 63,8001,e00 86,500 4,4085,400 65,000 220,700 124,000 186,908 115,000 27,009) (9,eee $317,700 $292,900 eBook 9,800) Hint Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term) Total liabilities Equity Common stock, $5 par value Retained earnings Total liabilities and equity Print $ 25,000 30,000 15,000 3,800 48,800 30,0086,080 64,400108,800 6,000 3,400 34,400 References 220,00 160,000 33,30024,100 $317,700 $292,900