Assets Current Assets Cash Nerdzy Computer Company Balance Sheet December 31, 2020 20,000 A/R 30,000 Raw Materials Inventory 3,000 Finished Goods Inventory 10,800 Total Current Assets 63,800 Plant Property & Equipment Equipment 168,000 Less: Accumulated Depreciation (39,000) 129,000 Total Assets 192,800 Liabilities Current Liabilities: Accounts Payable Stockholders' Equity 16,000 Common Stock, no par 130,000 Retained Earnings 46,800 Total stockholders' equity 176,800 Total Liabilities and Stockholders' Equity 192,800