File Tools View Document1 Word Just Dew It Corporation reports the following balance sheet Information for 2020 and 2021 Assets Current assets Cash JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets 2021 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable 2020 Accounts receivable Inventory $9,000 $11.250 17,000 24,750 77,000 93,750 Total $103,000 $129,750 Total Long-term debt Owners' equity enter wherever required. A negative answer should be indicated by a minus sign.) 2020 Sources Uses 2021 2020 2021 Assets $70,000 $73.250 23,800 31,000 Current assets Cash Accounts receivable $93,800 104,250 Inventory Total $ 9,000 $ 11,250 17,000 24,750 77000 93,750 $ 103 000 $ 129 750 $42,000 $40,000 Fixed assets Common stock and paid-in surplus $50,000 $50,000 Retained earnings Net plant and equipment $297,000 $370,250 Total Nel plant and equipment $ 297,000 * 370 250 214.200 306,750 Total assets S 400 000 S 500 000 $ $ Liabilities and Owners' Equity 264,200 355,750 Current liabilities Total assets $ 400,000 500,000 Total abilities and owners' equity $ $ 400,000 500,000 Accounts payable $ 70,000 $ 73.250 Notes payable 23,000 31,000 Total $ 93,800 $ 104250 Long-term debt S 42 000 40,000 Owners' equity Common stock and paid-in surplus S 50 000 S 50,000 Retained eamings 214 200 305.750 Total $ 264,200 $ 355,750 Total liabilities and owners' equity $ 400,000 $ 500 000 Screens 1-2 of 4 Search FOCUS 5:37 PM 2/9/2023 140%