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A comparative balance sheet and income statement for Groton Company follow: Groton Company Comparative Balance Sheet December 31, 2011 and 2010 2011 2010 Assets Cash

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A comparative balance sheet and income statement for Groton Company follow: Groton Company Comparative Balance Sheet December 31, 2011 and 2010 2011 2010 Assets Cash Accounts receivable $ 3 $ 14 314 233 162 202 10 Prepaid expenses 12 Total current assets 491 459 Property, plant, and equipment Less accumulated depreciation 513 434 (87) (73) Net property, plant, and equipment 426 361 Long-term investments 27 36 Total assets $ 944 $856

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