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Balance Sheet Dana Dairy Products December 31, 2020 Cash $1,700 Account Receivables Inventories $4,320 Total current assets $14,250 Gross fixed assets $45,000 Less: Accumulated Depreciation Net Fixed Assets $30,750 Total Assets Accounts payable $10,000 Accruals $8,675 Total current liabilities Long-term debts Total liabilities Common stock @ $1 par 1500 shares issued and outstanding Retained earnings $20,500 Total stockholders' equity Total liabilities and equity Account Receivables: Less: Accumulated Depreciation: Total Assets: Total current liabilities