The Apricot Company in 2001 had notes payable of $1,200, accounts payable of $2,400, and long-term debt of $3,000. The corresponding entries for 2002 are $1,600, $2,000, and $2,800. For assets, Apricot had in 2001 $800 in cash, $400 in marketable securities, and $1,800 of inventory. The corresponding entries for 2002 are $500, $300, and $2,000. Accounts receivable at the end of 2001 were $900 and $800 at the end of 2002. Apricot's net plant and equipment was $6,000 in 2001 and $8,000 in 2002. Construct Apricot Company's balance sheet for 2001 and 2002. What is total owners' equity for 2002?

Balance Sheet of The Apricot Company
As on 2001 As on 2002
Liabilities

Notes payable 1200 1600
Accounts payable 2400 2000
Long term debt 3000 2800
Owners' equity 3300 5200

Assets

Cash 800 500
Marketable securities 400 300
Inventory 1800 2000
A/R 900 800
Plant and machinery 6000 8000

TOTAL 9900 11600