Assets Cash $24,898 % Accounts receivable $123,258 Inventory $ % Total current assets $349,485 % Gross plant and equipment $ % Less: accumulated depreciation $313.000 % Net plant and equipment $ % Total assets $736,485 100.0 % Liabilities Accounts payable $ % Notes payable $28,861 % Total current liabilities $ % Long-term debt $246.552 % Total liabilities $392,730 % Common stock ($0.01 par, 450,000 shares) $4,500 % Paid-in capital $223,543 % Retained earnings $ % Total stockholders' equity $343.755 % Total liabilities and equity $ 100.0 % e Textbook and Media