IKIBAN INC. Comparative Balance Sheets June 30, 2017 and 2016 2017 2016 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accum. depreciation-Equipment Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term) Total liabilities Equity Common stock, $5 par value Retained earnings Total liabilities and equity 87,500 44,000 51,000 86, 500 4,4005,400 220,700 186, 908 124,000 115,000 65,000 63,800 (27,000) 9,000) $317,700 $292,900 $. 25,000 6,000 3,400 34,400 30,000 64,400 30,000 15,000 3,800 48,800 60,000 108, 800 220,000 160,000 24,100 33,300 $317,700 $292,900