Assets 2014 2015 JUST DEW IT CORPORATION 2014 and 2015 Balance Sheets Liabilities and Owners' Equity 2015 2014 Current liabilities $ 17,775 Accounts payable $ 46,875 16,425 Notes payable 19,125 56,925 Current assets Cash Accounts receivable Inventory $ 12,000 12,750 50,250 $ 55,575 24,750 Total $ 75,000 $ 91,125 Total $ 66,000 $ 80,325 $ 30,000 $ 27,000 Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings $ 45,000 234,000 $ 45,000 297,675 Net plant and equipment $300,000 $358,875 Total $279,000 $342,675 Total assets $375,000 $450,000 Total liabilities and owners' equity $375,000 $450,000 Prepare the 2015 common-base year balance sheet for Just Dew It. (Do not round intermediate calculations. Round your answers to 4 decimal places, e.g., 32.1616.) 2014 2015 Assets Current assets Cash 29775 $ 12,000 12,750 Accounts receivable Inventory $ 17,775 16,425 56,925 50,250 Total $ 75,000 $ 91,125 Fixed assets Net plant and equipment $300,000 $358,875 Total assets $375,000 $450,000 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable $ 46,875 $ 55,575 24,750 19,125 Total $ 66,000 $ 30,000 $ 80,325 $ 27,000 Long-term debt Owners' equity Common stock and paid-in surplus $ 45,000 $ 45,000 $ 30,000 $ 27,000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 45,000 234,000 $ 45,000 297,675 Total $ 279,000 $342,675 76.15 Total liabilities and owners' equity $375,000 $ 450,000