A comparative balance sheet and income statement for Groton Company follow Comparative Balance Sheet December 31, 2011 and 2010 2011 2010 Assets Cash Accounts receivable Inventory Prepaid expenses $2 $ 13 361 267 196 253 46 Total current assets 605 577 Property, plant, and equipment 547 468 Less accumulated depreciation Net property, plant, and equipment Long-term investments (88) (74) 459 394 29 34 Total assets $1,093 S1,005 Liabilities and Stockholders' equity Accounts payable Accrued liabilities 320 S 244 89 7465 Income taxes payable Total current liabilities Bonds payable 483 236 408 210 Total liabilities 719 618 Common stock Retained earmings 201 173 240 147 Total stockholders' equity 374 MacBook Pro esc