P$14\mathrm{.}8($LO$\mathrm{.}3)$ Groupwork $($Dividends and Splits$)$ Myers Company provides you with the following condensed balance sheet information.

$\backslash$table$[[$Assets$,$Liabilities and Stockholders' Equity$],[$Current assets,$$40,000,$Current and long$-$term liabilities,,$$100,000$