Following is the balance sheet of Munoz Company for Year 3: MUNOZ COMPANY Balance sheet Assets Cash $ 15,450 Marketable securities 8,140 Accounts receivable 12,740 Inventory 10,800 Property and equipment 170,000 Accumulated depreciation (12,900 ) Total assets $ 204,230 Liabilities and Stockholders Equity Accounts payable $ 8,390 Current notes payable 3,320 Mortgage payable 4,000 Bonds payable 21,180 Common stock 114,300 Retained earnings 53,040 Total liabilities and stockholders equity $ 204,230