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 $ 12,000 77,500 42,000 225,000 $ 356,500 Print eferences Liabilities and Stockholders Equity Accounts payable Note payable Common stock Retained earnings $ 78,250 19,300 180,000 78,950 Total liabilities and stockholders' equity $ 356,500