Minden Company is a wholesale distributor of premium European chocolates. The company's balance sheet as April 30 is given below Minden Company Balance Sheet April 30 Assets Cash Accounts receivable Inventory Buildings and equipment, net of depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Note payable Common stock Retained earnings Total liabilities and stockholders' equity $ 9,000 54,000 30,000 207,000 $300,000 63,000 14,500 180,000 42,500 $300,000