Quantitative Problem: Rosnan Industries' 2018 and 2017 balance sheets and income statements are shown below Balance Sheets: 2018 2017 $95 300 350 $745 1,490 $2,235 Cash and equivalents Accounts receivable Inventories $110 275 375 $760 2,000 $2,760 Total current assets Net plant and equipment Total assets $85 50 185 $320 290 1,225 400 $2,235 Accounts payable Accruals Notes payable $150 75 160 $385 450 1,225 700 $2,760 Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity