Just Dew it Corporation reports the following balance sheet information for 2020 and 2021 Assets Current assets JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets Liabilities and Owners' Equity Current liabilities Accounts payable 2020 2021 Cash $ 8,250 $12,240 Accounts receivable Inventory 34,500 40,560 58,500 Notes payable 86,160 $ Total Total 101,250 138,960 Long-term debt 2020 2021 $ $ 43,500 48,240 29,625 32,160 $ $ 73,125 80,400 $ $ 45,000 36,000 Owners' equity Common stock and paid-in surplus $60,000 60,000 Retained earnings 196,875 303,600 Net plant and equipment 273,750 341,040 Total $ $ 256,875 363,600 Total assets $ 375,000 480,000 $ Total liabilities and owners' equity $ $ 375,000 480,000 (Do not Prepare the 2021 common-base year balance sheet for Just Dew It. round intermediate calculations and round your answers to 4 decimal places, e.g., 32.1616.) 2020 2021 Assets Current assets Cash $8,250 $ 12,240 Accounts receivable Inventory 34,500 40,560 58,500 86,160 Total $101,250 $ 138,960 $273,750 $341,040 $375,000 $480,000 Fixed assets Net plant and equipment Total assets Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings $ 43,500 $ 48,240 $ 29,625 $ 32,160 $ 73,125 $ 80,400 $45,000 $ 36,000 $ 60,000 $ 60,000 196,875 303.600 $256,875 $ 363.600 Total Total liabilities and owners $375,000 $480,000 equity