Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities $ 11,025 11,970 26,670 51,450 $ 77,875 90,090 Cash Accounts Accounts payable Notes payable $43,750 $47,250 24,780 22,225 44,625 24,325 receivable Inventory Total Total $ 68,075 $72,030 Long-term debt $35,000 21,000 Owners' equity Common stock and paid-in 42,000 $42,000 surplus Retained earnings 204,925 284,970 Net plant and equipment $272,125 329,910 Total $246,925 $326,970 Total liabilities and owners $350,0o0 $420,000 Total assets $350,000 $420,00o equity