x P2-8 (similar to) Question Help Balance sheet. Use the data from the following financial statements in the popup window, B . Complete the balance sheet. Hint: Find the accumulated depreciation for 2017 first. The accumulated depreciation for 2017 is $ 186300 . (Round to the nearest dollar.) Complete the balance sheet for 2016: (Round to the nearest dollar.) ASSETS Current assets Cash Balance Sheet 12/31/2016 LIABILITIES Current liabilities $16,000 Notes payable $28,000 Accounts payable $48,100 Total current liabilities 92,100 Long-term debt $368,100 OWNERS' EQUITY Accounts receivable $14,200 $19,100 33,300 $189,800 Inventories $ Total current assets Fixed assets Accumulated depreciation $ 47,100 $131,800 Intangible assets $140,300 Retained earnings $82,100 Common stock TOTAL LIABILITIES AND 402,000 OWNERS' EQUITY TOTAL ASSETS $ 402,000 Complete the balance sheet for 2017: (Round to the nearest dollar.) Complete the balance sheet for 2017: (Round to the nearest dollar.) Balance Sheet 12/31/2017 LIABILITIES ASSETS Current assets Cash Accounts receivable Current liabilities $26,100 Notes payable $19,000 Accounts payable $53,000 Total current liabilities 98,100 Long-term debt $447,900 OWNERS' EQUITY $11,900 $23,800 35,700 Inventories | $ Total current assets $162,000 Fixed assets Accumulated depreciation $ 186300 Intangible assets $182,000 46000 Retained earnings $82,100 Common stock TOTAL LIABILITIES AND OWNERS' EQUITY TOTAL ASSETS