Following is a partially completed balances sheet tor Epsico, Inc., at December 31. 2016. together with comparative data for the year ended December 31, 2015. From the statement of cash flows for the year ended December 31, 2016, you determine the following:

Net income for the year ended December 31. 2016, was $78.

Dividends paid during the year ended December 31, 2016, were $24.

Cash increased $24 during the year ended December 31, 2016.

The cost of new equipment acquired during 2016 was $45: no equipment was disposed of.

There were no transactions affecting the land account during 2016, but it is estimated that the fair market value of the land at December 31, 2016, is $ 126.

Required:

Complete the balance sheet at December 31, 2016.

EPSICO, INC. Balance Sheets December 31, 2016 and 2015 2016 2015 2016 2015 Liabilities and Stockholders' Equity Current liabilities: Assets Current assets: Cash Accounts receivable Inventory $ 294 240 738 660 SS 180 Note payable 756 1.446 720 Accounts payable 1.380 Total current assets Total current liabilities $1,032 S 900 Long-term debt 150 Total liabilities Land S S$1.380 Equipment 2,250 Stockholders' Equity Common stock $1,200 $1,200 1140 $1440 Total stockholders' equity S$2 340 Less: Accumulated depreciation 1080 (960 Retained earnings Total land&equipment Total liabilities and $3,720 stockholders' equity S Total assets