Just Dew lt Corporation reports the following balance sheet information for 2014 and 2015 JUST DEW IT CORPORATION 2014 and 2015 Balance Sheets Liabilities and Owners' Equity Assets 2015 2015 2014 2014 Current assets Current liabilities 12,000 17,775 46,875 55,575 Accounts payable Cash 16,425 Notes payable 19,125 24,750 Accounts receivable 12,750 Inventory 50,250 56,925 75,000 91,125 66,000 80,325 Total Total Long-term debt 30,000 27,000 Owners' equity Common stock and paid-in surplus 45,000 45,000 297,675 234,000 Retained earnings Net plant and equipment $300,000 $358,875 $279,000 $342,675 Tota $375,000 $450,000 $375,000 $450,000 Total assets Total liabilities and owners' equity