BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 Assets 2019 2018 2019 Liabilities and Owners' Equity Cash Current assets Accounts receivable Inventory Current liabilities $ 21,182 $ 24,141 Accounts payable Total 51,036 120,589 $192,807 59,935 142,718 $226,794 Notes payable Total Long-term debt $180,108 $190,767 83,179 $263,287 98,175 $288,942 $305,000 $340,000 Owners' equity Common stock and paid-in surplus $165,000 $178,000 Fixed assets Accumulated retained earnings 235,445 283,578 Net plant and equipment $775,925 Total assets $968,732 $863,726 $1,090,520 Total $400,445 $461,578 Total liabilities and owners' equity $968,732 $1,090,520 LO1 15. Preparing Standardized Financial Statements Prepare the 2018 and 2019 common-size balance sheets for Bethesda Mining.