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Use the following information from the balance sheet of Raineer Plumbing to determine the missing amounts. Cash and cash equivalents Retained earnings Inventory Common stock

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Use the following information from the balance sheet of Raineer Plumbing to determine the missing amounts. Cash and cash equivalents Retained earnings Inventory Common stock Total current assets $ 56,000 ? 2 150,000 315,000 Accounts payable Accounts receivable Notes payable (due in 2 years) Property, plant and equipment (net) Total assets $ 48,000 136,000 66,000 2 560,000 Inventory Property, plant, and equipment (net) Retained earings

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