Use the following financial statements and additional information. Use the following financial statements and additional information

Use the following financial statements and additional information. SACRN4TO INCORPORATED Comparative Balance Sheets June 30, 2e19 and 2018 247 , 170,o 375,200 $ 34,000 128 , o , eoo Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accumulated depreciationEquipment Total assets Liabilities and Equify Accounts payable Wages payable Income taxe', payable Total current liabilit ies Notos payable ( long term) Total liabilities Equity stock. SS par value Retained earnings total liabilities and equity 2019 $ 100 800 76, 65, (42,000) $ 28,o 8,o soo a,se 75, soo .19, 2018 $ 45,200 59, oe 90 ,o 6 800 201, eoe 157,000 (14,000) $ 3M ,ee 19,000 58 , oo 70 ooo u,. ooo