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 4,350 9,800 48,000 49,800 Cash Accounts payable 14,200 18,600 Notes payable Accounts receivable 11,550 10,350 58,350 75,800 Inventory 58,350 68,400 Total 74,250 99,800 Total 42,000 34,000 Long-term debt Owners' equity Common stock and paid-in surplus 45,000 45,000 154,650 Retained earnings 252,600 $297,600 Total $199,650 Net plant and equipment $225,750 $300,200 $300,000 $400,000 $400,000 Total assets Total liabilities and owners' equity $300,000