Company Y has the following information on its balance sheet: Assets Cash 1,000,000 Accounts Receivable 1,000,000 Inventory 750,000 Current Assets 2,750,000 Net Fixed Assets 8,250,000 Total Assets 11,000,000 Liabilities Accounts Payable 1,000,000 Notes Payable 1,250,000 Current Liabilities 2,250,000 Long Term Debt 2,500,000 Preferred Stock 1,250,000 Common Stock and Retained Earnings 5,000,000 Total Liabilities + Equity 11,000,000