IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 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 2018 $ 47,000 54,000 91,000. $105,700 69,500 66,800 4,700 6,000 246,700 198,000 127,000 118,000 (28,500) (10,500) $345,200 $305,500 $ 28,000 6,300 $ 34,500 15,600 4,400 3,700 38,000 54,500 33,000 63,000 71,000 117,500 Common stock, $5 par value 226,000 163,000 Retained earnings 48,200 25,000 Total liabilities and equity $345,200 $305,500