LMN Company Balance Sheet December 31, 2021 Assets Current Assets: Cash 46,200 Accounts Receivable (net) 260,000 Raw materials inventory (4,500 yards) 11,250 Finished goods inventory (1,500 units) 32,250 Total current assets 349,700 Plant and equipment: Buildings and equipment Accumulated depreciation Plant and equipment, net Total Assets 900,000 -292,000 608,000 957,700 Current liabilities: Accounts Payable Stockholders' equity: Common stock Retained earnings Total stockholders; equty Liabilities and Stockholders' Equity Total liabilities and stockholder's equity 158,000 419,800 379,900 799,700 957,700