AS OF DECEMBER 31, 2020 AND 2019 12/31/20 12/31/19 Cash $6,000 $7,000 Accounts receivable 62,600 50,600 Short-term debt investments (available-for-sale) 35,200 18,100 Inventory 39,600 59,700 Prepaid rent 5,000 4,000 Equipment 152,800 128,900 Accumulated depreciation-equipment (34,900) (24,800 ) Copyrights 45,900 49,800 Total assets $312,200 $293,300 Accounts payable Income taxes payable Salaries and wages payable Short-term loans payable Long-term loans payable Common stock, $10 par Contributed capital, common stock Retained earnings Total liabilities & stockholders' equity $45,900 4,000 8,100 8,000 60,500 100,000 30,000 55,700 $312,200 $39,900 6,000 3,900 10,000 68,500 100,000 30,000 35,000 $293,300 AS OF DECEMBER 31, 2020 AND 2019 12/31/20 12/31/19 Cash $6,000 $7,000 Accounts receivable 62,600 50,600 Short-term debt investments (available-for-sale) 35,200 18,100 Inventory 39,600 59,700 Prepaid rent 5,000 4,000 Equipment 152,800 128,900 Accumulated depreciation-equipment (34,900) (24,800 ) Copyrights 45,900 49,800 Total assets $312,200 $293,300 Accounts payable Income taxes payable Salaries and wages payable Short-term loans payable Long-term loans payable Common stock, $10 par Contributed capital, common stock Retained earnings Total liabilities & stockholders' equity $45,900 4,000 8,100 8,000 60,500 100,000 30,000 55,700 $312,200 $39,900 6,000 3,900 10,000 68,500 100,000 30,000 35,000 $293,300