a) The financial statements of Hainz Company appear below: HAINZ COMPANY Balance Sheets as at 31 December Assets Current assets 2015 2014 20,000 40,000 60,000 30,000 60,000 70.000 $140,000 $200,000 260.000 300.000 Accounts receivable (net) Inventory 40,000 Total current assets Property, plant and equipment (net . Total assets.... $400000 $500000 Current Liabilities Accounts payable. 20,000 S 30,000 Total current l S 60.000 $120.000 Long-term liabilities 80.000160,000 Total Liabilitie.. e0,0002 $280.000 Stockholders' equity 150,000 1 Common stock... Retained earnings.... 150,000 110,000 70.000 $260.000 220,000 $400,000 $500,000 Total stockholders' equity.... Total liabilities and stockholders' equity