Assets Cash Priscoll Company Balance Sheets Debt investments (short-term) Accounts receivable Inventory Prepaid expenses Land Building and equipment (net) Total assets December 31 2020 $ 113,400 2019 $ 105,300 89,100 64,800 168,480 145,800 372,600 267,300 40,500 37,260 210,600 210,600 421,200 299,700 $1,415,880 $1,130,760 Liabilities and Stockholders' Equity Notes payable (short-term) Accounts payable $275,400 $194,400 105,300 84,240 Accrued liabilities 64,800 64,800 Bonds payable, due 2023 405,000 275,400 Common stock, $10 par 324,000 324,000 Retained earnings 241,380 187,920 Total liabilities and stockholders' equity $1,415,880 $1,130,760