Using case data complete the chart

BALANCE SHEET 2008 (000) 2007 (000) ASSETS Current Assets Cash Accounts Receivable, Net Inventory Prepaid Expense 90 800 1,400 60 2,350 2,650 5,000 300 500 900 60 1,760 2,240 4,000 Total Current Assets Plant & Equipment, Net Total Assets LIABILITIES Current Liabilities Bonds payable, 1090 1,400 600 2,000 750 600 1,350 Total Liabilities STOCKHOLDERS' EQUITY Preferred stock, 25 par, 7.5% Common stock, 10 par Retained earnings 400 500 400 500 1,750 2,100 Total stockholders equity Total liabilities & stockholders' equity 3,0002,650 5,000 4,000