_________________________________.___ Assets Cash and equivalents $ 14,000 $ 13,000 Accounts receivable 30,000 20,000 Inventories _ 26,315 , 18,000 Total current assets $ 70,315 $ 51,000 Net plant and equipment 51,000 49,000 Total assets $121,315 $100,000 Liabilities and Equity Accounts payable E $ 10,700 $ 9,000 Accruals 8,000 7,000 Notes payable 6,900 5,050 Total current liabilities $ 25,600 $ 21,050 Long-term bonds 20,000 20,000 Total liabilities $ 45,600 $ 41,050 Common stock (4,000 shares) 50,000 50,000 Retained earnings ' 25,715 8,950 Common equity ' $ 75,715 $ 58,950 Total liabilities and equity $121,315 $100,000 Income Statement for Year Ending December 31, 2021. Sales $243,000 Operating costs excluding depreciation and amortization 200,000 EBITDA $ 43,000 Depreciation & amortization 4,000 EBIT ___$ 39,000 Interest , 1,750 ~EBT $ 37,250 Taxes (25%) 9,312.50 Net income ' $22,937.50 Dividends paid $11 172.50