Brief Exercise 3-7 (Algo) Balance sheet preparation; missing elements [LO3-2, 3-3] Use the following information from the balance sheet of Raineer Plumbing to determine the missing amounts. Cash and cash equivalents Retained earnings Inventory Common stock Total current assets $ 47,000 ? ? 100,000 270,000 Accounts payable Accounts receivable Notes payable (due in 2 years) Property, plant and equipment (net) Total assets $ 39,000 127,000 57,000 ? 470,000 Inventory Property, plant, and equipment (net) Retained earnings