03 Pre-Built Problems Help Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities $ 4,000 11,280 Accounts payable Cash Accounts $ 39,040 48,720 7,280 14,880 20,400 90,480 80,800 122.160 Notes payable receivable 61,920 Inventory Total $52,000 66,000 $ 48,000 36,000 Total Long-term debt Common stock and paid-in $ 60,000 60,000 160,000 318,000 $220,000 $378,000 Total liabilities and owners' $320,000 $480,000 surplus Retained earnings Net plant and equipment $239.200 $357840 Total Total assets $320,000 $480,000 K Prev 7 of 10li Next >