Minden Company is a wholesale distributor of premium European chocolates. The company's balan sheet as of April 30 is given below: Cash Accounts receivable Minden Company Balance Sheet April 30 Assets Inventory Buildings and equipment, net of depreciation Total assets $ 17,200 58,000 48,250 204,000 $327,450 Liabilities and Stockholders' Equity Accounts payable $ 67,000 Note payable Common stock Retained earnings Total liabilities and stockholders' equity 16,200 180,000 64,250 $ 327,450