Dust Dew It Corporation reports the following balance sheet information for 2017 and 2018 Assets 2017 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 12,750 Accounts payable $ 50,000 14,250 Notes payable 19,000 95,250 Current assets Cash Accounts receivable Inventory $ 68,750 $ 6,600 12,200 35,500 78,200 $ 97,000 Total $ 122,250 Total $ 69,000 $ 104,250 Long-term debt $ 48,000 $ 45,000 Owners' equity Common stock and paid-in surplus Retained earnings $ 50,000 233,000 $ 50,000 300,750 Net plant and equipment $303,000 $ 377,750 Total $283,000 $ 350,750 Total liabilities and owners' equity $400,000 $500,000 $500,000 Total assets $400,000 2017 Sources/Uses 2018 $ 6,600 12,200 78,200 97,000 12,750 14,250 95,250 122,250 $ $ $ $ 303,000 400,000 377,750 500,000 $ Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $ 50,000 19,000 69,000 48,000 68,750 35,500 104,250 45,000 $ $ $ $ $ 50,000 233,000 283,000 400,000 50,000 300.750 350,750 500,000 $ $ $ $