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 $156. Dividends paid during the year ended December 31, 2019, were $48. Cash increased $48 during the year ended December 31, 2019. The cost of new equipment acquired during 2019 was $90; 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 $252. 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.) Assets 2019 2019 2018 Current assets Cash $ 294 $ 240 Accounts receivable 756 738 660 EPSICO INC. Balance Sheets December 31, 2019 and 2018 (Amounts in thousands) 2018 Liabilities and Stockholders' Equity Current liabilities $ 180 Note payable 720 Accounts payable 1,380 Total current liabilities $ 2,280 Long-term debt Total liabilities $ 150 Stockholders' Equity 2,250 Common stock (960) Retained earnings $ 1,440 Total stockholders' equity $ 3,720 Total liabilities & stockholders' equity 1,446 $ 1,032 $ 900 Inventory Total current assets $ 480 $ 1,380 Land $ (1,080) Equipment Less: Accumulated depreciation Total land & equipment Total assets 1,200 $ 1,200 1,140 $ 2,340 $ 3,720