I need help on the account title to use on part B.

The "Total liabilities and equities" account name is incorrect. and I already tried "total liabilities" and "total stockholders equity"

Choices are: 1) current liabilities 2) expenses 3) intangible assets 4) long term investments 5) long term liabilities 6) net income/ (loss) 7) property, plant, and equipment 8) revenues 9) stockholders equity 10) total assets 11) total current liabilities 12) total expenses 13) total intangible assets 14) total liabilities 15) total equities 16) total long term investments 17) total long term liabilities 18) total PPE 19) total revenues

20) total stockholders equity

Waterway Inc., had the following condensed balance sheet at the end of operations for 2019. Cash Current assets other than cash Equity invesments Plant assets (net) Land WATERWAY INC. BALANCE SHEET DECEMBER 31, 2019 $8,500 Current liabilities 29,300 Long-term notes payable 19,800 Bonds payable 67,500 Common stock 39,900 Retained earnings $165,000 $15,200 25,500 25,000 75,000 24,300 $165,000 During 2020, the following occurred. 1. 2. 3. 4. 5. Atract of land was purchased for $8,900. Bonds payable in the amount of $15,000 were redeemed at par. An additional $9,900 in common stock was issued at par. Dividends totaling $9,300 were paid to stockholders. Net income was $30,000 after allowing depreciation of $13,700. Land was purchased through the issuance of $22,700 in bonds. Waterway Inc. sold part of its investment portfolio for $12,800. This transaction resulted in a gain of $2,000 for the company. No unrealized gains or losses were recorded on these investments in 2020. Both current assets (other than cash) and current liabilities remained at the same amount. 6. 7. 8. Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).) WATERWAY INC. Statement of Cash Flows For the Year Ended December 31, 2020 Cash Flows from Operating Activities Net Income $ 30000 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense $ 13700 Gain on Sale of Investments (2000) 11700 Net Cash Provided by Operating Activities 41700 Cash Flows from Investing Activities Purchase of Land (8900) Sale of Investments 12800 Net Cash Provided by Investing Activities 3900 (b) - Your answer is partially correct. Prepare the condensed balance sheet for Waterway Inc. as it would appear at December 31, 2020. (List assets in the order of Liquidity.) WATERWAY INC. Balance Sheet December 31, 2020 Assets Cash $ 39700 Current Assets Other than Cash 29300 Investments 9000 Plant Assets 53800 Land 71500 Total Assets 203300 Liabilities and Equities Current Liabilities 15200 Long-term Notes Payable 25500 Bonds Payable 32700 Common Stock 84900 Retained Earnings 45000 Total Stockholders' Equity 203300