Assets Carla Vista Ltd. Comparative Statement of Financial Position December 31 Cash Accounts receivable Inventory Prepaid insurance Equipment Accumulated depreciation-equipment Patents Total assets 2021 2020 $ 80,100 $ 48,000 136,000 99,500 80,300 121,300 9,400 7,100 305,000 257,000 (74,800 ) (53,900) 81,200 99,200 $ 617,200 $ 578,200