The following financial data for the Freemont Corporation are to be used in answering the self-test problems. Balance Sheet ($000) Assets Cash Marketable securities 2,500 Accounts receivable 15,000 Inventory Total current assets$52,000 Fixed assets (net) -35,000 Liabilities & Stockholders' Equity Accounts payable Notes payable Total current liabilities $ 1,500 $12,500 $25,000 33.000 Long-term debt Total liabilities Common stock (par value) Contributed capital in excess of par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 5,000 Total assets $87,000 18,000 $87,000