COUNTRY KETTLES, INC. Balance Sheet December 31, 2016 2015 2016 Assets Cash $ 31,100 $ 30,260 Accounts receivable 70,600 73,720 Inventories 61,500 63,750 Property, plant, and equipment 154,000 164,200 Less: Accumulated depreciation (46,480 ) (50,600 ) Total assets $ 270,720 $ 281,330 Liabilities and Equity Accounts payable $ 45,600 $ 47,760 Accrued expenses 6,980 6,180 Long-term debt 26,300 29,050 Common stock 23,000 27,700 Accumulated retained earnings 168,840 170,640 Total liabilities and equity $ 270,720 $ 281,330 Item Source/Use Amount Cash $ Accounts receivable $ Inventories $ Property, plant, and equipment $ Accounts payable $ Accrued expenses $ Long-term debt $ Common stock $ Accumulated retained earnings $