assets ratio. and P18-3 Condensed balance sheet and income statement data for Landwehr ition appear below and on page 825 Corporation LANDWEHR CORPORATION Balance Sheets December 31 2018 2017 2016 Cash 25,000 20,000 18,000 Accounts receivable (net) 50,000 45,000 48,000 Other current assets 90,000 95,000 64,000 Investments 70,000 45,000 75,000 Plant and equipment (net) 358,000 400,000 370,000 $640,000 $600,000 $533,000 75,000 80,000 70,000 Current liabilities 50,000 Long-term debt 80,000 85,000 310,000 300,000 Common stock, $10 par 340,000 113,000 145,000 125,000 Retained earnings $640,000 $600,000 $533,000