Minden Company is a wholesale distributor of premium European chocolates. The company's balance sheet as of April 30 is given below: Minden Company Balance Sheet April 30 AssetS Cash Accounts receivable Inventory Buildings and equipment, net of depreciation Total assets $ 15,000 78,000 37,750 232,000 $ 362,750 Liabilities and Stockholders Equity Accounts payable Note payable Common stock Retained earnings $ 81,500 14,000 180,000 87,250 $ 362,750 Total liabilities and stockholders equity