IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 lon are reported. 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 2019 2018 $ 99,100 86,000 77,800 $ 58,000 65,000 107,500 5,800 8,200 268,700 238,700 138,000 129,000 (34,000) (16,000) $372,700 $351,700 $ 39,000 $ 51,000 17,800 7,400 4,800 6,600 51,200 75,400 44,000 74,000 95,200 149,400 Common stock, $5 par value 248,000 174,000 Retained earnings 29,500 28,300 Total liabilities and equity $372,700 $351,700