Jim's Auto Body Angel's Auto Body Balance Sheet Balance Sheet As of As of April 30, April 30, 2016 2017 Assets: Assets: Cash 130.200 Cash 500.000 Acct Receivable 26.000 Acct Receivable 110,000 PP In 1,725 PP In 2,500 Equipment 57.000 Equipment 155.000 Accu. Dep. (2,725) Accu. Dep 10,900 Supplies 2,700 Supplies 15,000 Total Assets 214.900 Total Assets 793.400 Liabilities and Liabilities and Stockholders' Equity Stockholders' Equity Liabilities: Liabilities: Accounts Payable 10.000 Accounts Payable 222.000 Salary Payable 3,500 Salary Payable 45,000 Total Liabilities 13,500 Total Liabilities 267.000 Stockholders' Equity. Stockholders' Equity: Common Stock 155,000 Common Stock 311,400 Retained Earnings 46.400 Retained Earnings 215,000 Total Stockholders' Total Stockholders' Equity 201,400 Equity 526.400 Total Liabilities & Total Liabilities & Stockholders' Equity 214,900 Stockholders' Equity 793,400 Give a brief explanation of the analysis results. Your analysis should be 300-500 words in APA format