BETHESDA MINING COMPANY Balance Sheets as of December 31, 2015 and 2016 2015 2016 2015 2016 Assets Liabilities and Owners' Equity Current assets $ 21,946 54,486 Cash Accounts receivable Inventory Total $ 19,256 46,396 109,626 $175,278 $171,531 79,218 $250,749 $255,000 $153,984 107,606 $261,590 $278,500 129.253 $205,685 Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity Fixed assets Net plant and equipment Total assets $160,000 214.915 $374,915 $880,664 $170,000 280,800 $450,800 $990,890 $705,386 $880,664 $785,205 $990,890 LO 1 15. Preparing Standardized Financial Statements. Prepare the 2015 and 2016 common-size balance sheets for Bethesda Mining