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 $ 14,250 36,750 96,250 $ 113,000147,250 $ 11,000 27,000 75,000 Cash Accounts Accounts payable Notes payable 54,000 $63,750 20,500 14,800 receivable Inventory Total Total $ 68,800 $ 84,250 Long-term debt $50,000$40,000 Owners' equity Common stock and paid-in $55,000$ 55,000 320,750 surplus Retained earnings 226,200 Net plant and equipment $287000 $352,750 Total $281,200 $375,750 Total liabilities and owners' equity Total assets $400,000 $500,000 $400,000 $500,000