Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets 2021 Liabilities and Owners' Equity Current liabilities Accounts payable Assets 2020 Current assets Cash Accounts receivable Inventory $ 13,280 7,520 42,400 $14,600 19,200 51,000 Notes payable Total $ 63,200 $84,800 Total Long-term debt Owners' equity 2020 2021 $40,000 $41,800 14,240 21,600 $ 54,240 $ 63,400 $ 32,000 $ 24,000 Common stock and paid-in surplus $ 40,000 $40,000 Retained earnings 193,760 272,600 Net plant and equipment $315,200 Total $233,760 256,800 312,600 Total assets $ 320,000 $ $ $ Total liabilities and owners' equity 400,000 320,000 400,000