Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC. Balance Sheet as of December 31, 2018 and 2017 (in millions of dollars) 2018 2017 Assets Current assets: Liabilities and Equity Current liabilities: Cash and marketable securities 100 $ 48 Accrued wages and taxes Accounts receivable 110 72 Accounts payable Inventory 301 174 Notes payable Total 511 $294 Total Fixed assets: Long-term debt: Gross plant and equipment $ 520 $330 Less: Depreciation 81 60 Net plant and equipment $ 439 $270 Other long-term assets 50 36 Total $ 489 $306 Stockholders' equity: Preferred stock (3 million shares) Common stock and paid-in surplus (24 million shares) Retained earnings Total Total assets $1,000 $600 Total liabilities and equity 2018 2017 60 $ 48 110 72 70 60 240 $180 $ 429 $237 3 $ 3 24 24 304 156 $ 331 $183 $1,000 $600