Assets Current assets: Rusco Company Comparative Balance Sheet at July 31 This Year Last Year Cash Accounts Receivable Inventory Prepaid expenses Total current assets Long-term investments Plant and equipment Less accumulated depreciation Net plant and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds Payable Total liabilities Stockholders' equity: Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 37,000 250,800 $ 59,400 238,600 209,200 269,800 22,400 41,400 580,000 548,600 156,000 230,000 904,000 772,000 221,000 196,600 683,000 575,400 $ 1,419,000 $ 1,354,000 $ 254,200 10,200 $ 179,400 19,400 59,600 50,000 324,000 248,800 266,000 144,000 590,000 392,800 770,000 710,000 59,000 251,200 829,000 961,200 $ 1,354,000 $ 1,419,000