CUMULATIVE IMPACT ON BALANCE SHEET ELEMENTS 20Y8 20Y9 Current Year 20Y9 ASSETS: Ending Balance Changes Ending Balance Cash $ 18,000 Accounts Receivable 5,000 Less: Allowance for Doubtful Accounts '400) Prepaid Rent 1,400 Inventory 2,000 Property, Plant, and Equipment 52,100 Less: Accumulated Depreciation (22,600) Total Assets $ 55,500 LIABILITIES + OWNER'S EQUITY: Accounts Payable $ 3,500 Wages Payable 165