Assets \ Cash $ 22,000 $ 22,000\ Accounts Receivable 239,000 234,300\ Less: Allowance for Bad Debts (4,700) \ Inventory 372,000 386,000\ Long-Term Investments 132,000 157,000\ Land 53,000 90,000\ Rolling Stock 112,000 57,000\ Plant and Equipment 2,425,000 2,482,000\ Less: Accumulated Depreciation (604,000) \ Patents 115,000 491,000\ Special Licenses 94,800 98,900\ Total Assets $ 2,956,100 $ 4,018,200\ Liabilities \ Current Payables $ 138,400 $ 138,400\ Mortgages Payable 502,000 522,000\ Equipment Trust Notes 104,000 99,000\ Debentures Payable 1,070,000 1,020,000\ Less: Discount on Debentures (58,000) \ Total Liabilities $ 1,756,400 $ 1,779,400\ Stockholders Equity \ Common Stock ($6 par) 589,000 \ Additional Paid-In Capital from Common Stock 502,000 \ Additional Paid-In Capital from Retirement of Preferred Stock 15,000 \ Retained Earnings 105,700 \ Less: Treasury Stock (1,400 shares) (12,000) \ Total Liabilities and Equity $ 2,956,100