Following is a partially completed balance sheet for Epsico Inc. at December 31, 2019, together with comparative data for the year ended December 31, 2018. From the statement of cash flows for the year ended December 31, 2019, you determine the following (amounts in thousands of dollars): Net income for the year ended December 31, 2019, was $312. Dividends paid during the year ended December 31, 2019, were $96. Cash increased $96 during the year ended December 31, 2019. The cost of new equipment acquired during 2019 was $180; no equipment was disposed of There were no transactions affecting the land account during 2019, but it is estimated that the fair market value of the land at December 31, 2019, is $480, Required: Complete the balance sheet at December 31, 2019. (Enter decreases with a minus sign to indicate a negative financial statement effect.) Required: Complete the balance sheet at December 31, 2019. (Enter decreases with a minus sign to indicate a negative financial statement effect.) EPSICO INC. Balance Sheets December 31, 2019 and 2018 (Amounts in thousands) Assets 2019 2018 Liabilities and Stockholders' Equity 2019 2018 Current assets Current liabilibes ces Cash $ 360 Note payable $ 588 $ 480 Accounts receivable 1,512 1,440 Accounts payable 1,476 1,320) Inventory 2,892 2,760 Total current liabilities $ 2,064 $ 1,800 Total current assets $ 4,560 Long-term debt $ 960 Total liabilities $ 2,760 Land $ 300 Stockholders' Equity Equipment 4,500 Common stock $ 2,400 $ 2,400 Less Accumulated depreciation (2,160) (1.920) Retained earnings 2,280 Total land & equipment $ 2,880 Total stockholders' equity $ 4,680 Total assets $ 7,440 Total liabilities & stockholders' equity $ 7,440