Johnston Enterprises Balance Sheet and Income Statement Data December 31, 2017 December 31, 2016 Current Assets: Cash $116,100 $171,740 227,600 Accounts Receivable 307,200 398,400 340,800 Inventory 764,100 Total Current Assets 797,740 1,253,700 1,122,000 Property, Plant, and Equipment (435,900) Less: Accumulated Depreciation (464,600) 1,586,840 1,450,200 Total Assets Current Liabilities: $189,700 $100,500 Accounts Payable 47,400 66,100 Notes Payable 75,500 85,200 Income Taxes Payable 322,300 Total Current Liabilities 242,100 350,000 390,600 Bonds Payable Total Liabilities 672,300 632,700