Just De lt Corporation reports the following balance sheet information for 2014 and 2015. w JUST DEW IT CORPORATION 2014 and 2015 Balance Sheets Liabilities and Owners' Equity Assets 2014 2015 2014 2015 Current assets Current liabilities Cash 11,025 11,970 43,750 47,250 Accounts payable 26,670 24,780 24,325 Accounts receivable 22,225 Notes payable 51,450 Inventory 44,625 Total 77,875 90,090 Total 68,075 72,030 Long-term debt 35,000 21,000 Owners' equity Common stock and paid-in surplus 42,000 42,000 Retained earnings 204,925 284,970 $326,970 Total $246,925 Net plant and equipment $272,125 $329,910 $350,000 $420,000 $420,000 Total assets Total liabilities and owners' equity $350,000