Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets as 2,650 3,600 9,000 $ 15,250 $ 38,400 $ 53,650 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paidin surplus Retained earnings Total Total liabilities and owners' equity $ 2,400 5,300 $ 7,700 $ 24,000 $ 18,000 3,950 $ 21,950 $ 53,650