Balance Sheets: 2013 2012 Cash and equivalents Accounts receivable Inventories $100 275 375 $750 2,000 $85 200 250 $635 1,490 $2,750$2,125 Total current assets Net plant and equipment Total assets Accounts payable Accruals Notes payable $150 75 150 5375 450 1,225 700 $2,750 $85 50 75 $210 290 1,225 400 $2,125 Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity