Assets Cash $23,209 % se Accounts receivable $123,170 % Inventory $ 200,719 % Total current assets $347,098 % Gross plant and equipment $ % % Less: accumulated depreciation $313,000 % Net plant and equipment $ % Total assets $734,098 100.0 % Liabilities Accounts payable % Notes payable $27,020 96 Total current liabilities $ % Long-term debt $244,181 % Total liabilities $388,432 % Common stock ($0.01 par, 450,000 shares) $4,500 % Paid-in capital $223,910 % Retained earnings $ % Total stockholders' equity $345,666 % % Total liabilities and equity $ 100.0 %