Question: Required: Based on the information in the table below, prepare comparative balance sheets for Windswepl Woodworks, Incorporated for years 1 and 2 . (Round your


Required: Based on the information in the table below, prepare comparative balance sheets for Windswepl Woodworks, Incorporated for years 1 and 2 . (Round your answers to the nearest whole number.) \begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{6}{|c|}{ Windswept Woodworks, Incorporated } \\ \hline \multicolumn{6}{|c|}{ Comparative Balance Sheets } \\ \hline \multicolumn{6}{|c|}{ for December 31, Year 1 and Year 2} \\ \hline \multicolumn{6}{|c|}{ (millions of dollars) } \\ \hline \multicolumn{3}{|c|}{ Assets } & \multicolumn{3}{|c|}{ Liabilities and Equity } \\ \hline & Year 2 & Year 1 & & Year 2 & Year 1 \\ \hline Current assets & & & Liabilities & & \\ \hline Cash \& equivalents & & & Accounts payable & & \\ \hline Accounts receivable & & & Notes payable & & \\ \hline Inventory & & & Other current liabilities & & \\ \hline \multirow[t]{3}{*}{ Total curent assets } & & & Total current liabilities & & \\ \hline & & & Long-term debt & & \\ \hline & & & Total liabilities & & \\ \hline Fixed assets & & & Owners' equity & & \\ \hline Gross plant \& equipment & & & Common stock & & \\ \hline Accumulated depreciation & & & Retained earnings & & \\ \hline Net plant and equipment & & & Total equity & & \\ \hline Total assets & & & Total liabilities and equity & & \\ \hline \end{tabular}
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