Use the following financial statements for Lake of Egypt Ma ina. Inc. LAKE OF EGYPT MARINA. INC. Balance Sheet as of December XXXXXXXXXXand XXXXXXXXXXin millions of dollars XXXXXXXXXX2014 Assets...

Use the following financial statements for Lake of Egypt Ma ina. Inc. LAKE OF EGYPT MARINA. INC. Balance Sheet as of December 31. 2015 and 2014 (in millions of dollars) 2015 2014 2015 2014 Assets Liabilities and Equity Current assets: Current liabilities: Cash and marketable securities $44 $42 Accrued wages and taxes $28 $30 Accounts receivable 36 36 Accounts payable 32 36 Inventory 153 63 Notes payable 36 42 Total $233 $141 Total $96 $108 Fixed assets: Long term debt: $51 $90 Gross plant and equipment $212 $186 Stockholders' equity: Less: Depreciation 65 45 Preferred stock (3 million shares) $3 $3 Common stock and paid-in surplus (21 million shares) 21 21 Net plant and equipment $147 $141 Retained earnings 229 78 Other long-term assets 20 18 Total $167 $159 Total $253 $102 Total assets $400 $300 Total liabilities and equity $400 $300