Balance Sheets December 31, 20xx December 31, 2exw Assets Cash Accounts receivable Inventory Land $54,500 64,800 142,200 60,000 206,000 $17,400 52,200 149,300 87,000 158,000 Plant and equipment Less: Accumulated depreciation 55,000 33,000 Net plant and equipment 151,000 125,000 Total assets $472,500 $430,900 Liabilities and Equity Accounts payable Bonds payable Common stock Retained earnings $27,000 118,000 170,000 157,500 37,000 158,000 130,000 105,900 $472,500 $430,900 Total liabilities and shareholders' equity Balance Sheets December 31, 20xx December 31, 2exw Assets Cash Accounts receivable Inventory Land $54,500 64,800 142,200 60,000 206,000 $17,400 52,200 149,300 87,000 158,000 Plant and equipment Less: Accumulated depreciation 55,000 33,000 Net plant and equipment 151,000 125,000 Total assets $472,500 $430,900 Liabilities and Equity Accounts payable Bonds payable Common stock Retained earnings $27,000 118,000 170,000 157,500 37,000 158,000 130,000 105,900 $472,500 $430,900 Total liabilities and shareholders' equity