The December 31, 20X1, condensed balance sheet of Ichetucknee Services, an individual proprietorship, follows. 15. ICHETUCKNEE SERVICES CONDENSED BALANCE SHEET AT DECEMBER 31, 20X1 140,000 130,000 270,000 Current Assets Plant and Equipment (Net) TOTAL ASSETs Liabilities 70,000 200,000 270,000 Ichetucknee, Capital TOTAL LIABILITIES AND CAPITAL Fair values of assets and liabilities at December 31, 20X1, are as follows