$\backslash$table$[[$December $31$ of current year$],[$Assets$,,$Liabilities and Equity,$],[$Cash$,$$$16,000,$Accounts payable,$$16,500$

Selected currect year end financial statements of Cabot Corporation follow. $($All sales were on credit; selected balance sheet amounts at December $31$ of the prior year were inventory; $$47,900$;total assets, $$239,400$;common stock, $$83,000$; and retained earnings $$41,777.)$