What is missing are two assets and price, please fill it in.

Waterway Industries was formed on January 1, 2017. At December 31, 2017, Miko Liu, the president and sole stockholder, decided to prepare a balance sheet, which appeared as follows. Waterway Industries Balance Sheet December 31, 2017 ssets Liabilities and Stockholder UI $27,200 Accounts payable Cash Accounts receivable Inventory Boat 68,000 Notes payable 48,960 Boat loan 32,640 Stockholders' equity $40,800 20,400 29,920 87,040 Miko willingly admits that she is not an accountant by training. She is concerned that her balance sheet might not be correct. She has provided you with the following additional information 1. The boat actually belongs to Miko, not to Waterway Industries. However, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. To be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. She thought it would be best to record it at $48,960 receivables of Waterway Industries so she wouldn't forget that her brother owes her money 2. The inventory was originally purchased for $34,000, but due to a surge in demand Miko now thinks she could sell it for $48,960 3. Included in the accounts receivable balance is $13,600 that Miko loaned to her brother 5 years ago. Miko included this in the (b) Provide a corrected balance sheet for Waterway Industries. (Hint: To get the balance sheet to balance, adjust stockholders equity.) (List assets in order of liquidity.) Waterway Industries Balance Sheet December 31, 2017 Assets Cash 27200 115600 Total Assets Liabilities and Stockholders' Equity Liabilities Accounts Payable 40800 Notes Payable 20400 Total Liabilities 61200 Stockholders Equity 54400 115600 Total Liabilities and Stockholders' Equity SHOW LIST OF ACCOUNTS SHOW SOLUTION