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Directions: Glven the following Information for Solar Solutions Corp., prepare a balance sheet for 2015 and 2016 in the template provided and submit your answers on Blaclboard by Saturday at 11:59 pm. Note: You will be graded on approprlate account titles and locations within the balance sheet. Al green shaded areas should be completed. Also, don't forget the balance sheet should balancellI Note: You will also be graded on the correctness of the 2016 amounts since some of the accounts below are from the income statement or cash flow-you will need to calculate the changes to the balance sheet in the 2016 figures. Explain fully in the following question these connections and the formulas you used. Problem Information: The following 13 items should be accurately reflected In your work. 1. Accounts recelvable is $6,076 in 2015 and $5,624 in 2016. 2. The acquisition cost of plant, property and equipment is $20,580 in 2015 and $26,404 in 2016. 3. Accumulated depreciation was $4,949 in 2015 . 4. Cash is $3,185 in 2015 and $3,128 in 2016 . 5. Prepaid expenses are $804 in 2016. 6. Net profits were $920 in 2016. 7. Owners' investment was $12,226 in both 2015 and 2016. 8. Retained earnings were $3,356 in 2015 . 9. Inventory was $14,210 in 2015 and $16,503 in 2016 . 10. Accounts payable were $4,420 in 2015 and $5,912 in 2016. 11. Long-term debt was $18,539 in 2015 and $21,525 in 2016. 12. Depreciation was $2,714 in 2016 . 13. Current portion of long-term debt was $571 in 2015 and $861 in 2016 . 1. Name the two accounts where the amounts from the Profit and Loss Statement of the current period is needed to create the Balance Sheet for the current period. Explain the formula that must be used to find the correct answer. a. b