At June 30 Assets Cash IKIBAN INCORPORATED Comparative BalanceSheets Accounts receivable, net Inventory Prepaid expenses Totalcurrent assets Equipment Accumulated depreciation-Equipment Totalassets Additional Information a. A \( \$ 30,000 \) notes payable is retired at its \( \$ 30,000 \) carrying (book) value in exchange for cash. b. The only changes affecting retained earnings are net income a 2 answers