1 Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 20Y1 2 Assets 3 Current assets: 4 Cash $1,050,000.00 $950,000.00 5 Marketable securities 301,000.00 420,000.00 6 Accounts receivable (net) 584,000.00 500,000.00 7 Inventories 410,000.00 380,000.00 8 Prepaid expenses 107,000.00 20,000.00 9 Total current assets $2,452,000.00 $2,270,000.00 10 Long-term investments 800,000.00 800,000.00 11 Property, plant, and equipment (net) 5,750,000.00 5,184,000.00 12 Total assets $9,002,000.00 $8,254,000.00 13 Liabilities 14 Current liabilities $860,000.00 $792,000.00 15 Long-term liabilities: 16 Mortgage note payable, 6%, $200,000.00 $0.00 17 Bonds payable,4%, 3,000,000.00 3,000,000.00 18 Total long-term liabilities $3,200,000.00 $3,000,000.00 19 Total liabilities $4,060,000.00 $3,792,000.00 20 Stockholders' Equity 21 Preferred 4% stock, $5 par $250,000.00 $250,000.00 22 Common stock, $5 par 23 Retained earnings 24 Total stockholders' equity 25 Total liabilities and stockholders' equity 500,000.00 500,000.00 4,192,000.00 3,712,000.00 $4,942,000.00 $4,462,000.00 $9,002,000.00 $8,254,000.00