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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 $ 40,000 ? ? 100,000 235,000 Accounts payable Accounts receivable Notes payable (due in 2 years) Property, plant and equipment (net) Total assets $ 32,000 120,000 50,000 400,000 Inventory Property, plant, and equipment (net) Retained earnings

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