Comparative financial statement data for Carmono Company follow: Lllllllll lllllllllllllllllllllllllllllllllllllllllllll This Year Last Year Assets 88.50 16.00 Cash 54.00 47.00 Accounts receivable 97.50 84.40 Inventory 160.00 147.40 Total current assets 237.00 198.00 Property, plant, and equipment 47.20 35.40 Less accumulated depreciation Net property, plant, and equipment 189.80 162.60 Total assets 349.80 310.00 Liabilities and Stockholders' Equity Accounts payable 58.50 48.00 Common stock 126.00 Retained earnings 165.30 165.00 Total liabilities and stockholders' equity 349.80 310.00