At December 31 Assets CRUZ, INCORPORATED Comparative Balance Sheets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Furniture Accumulated depreciation-Furniture Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long-term) Total liabilities Equity Common stock, $5 par value Retained earnings Total liabilities and equity 2021 2020 $91,100 $ 22,900 39,100 48,600 81,800 91,300 5,200 4,100 217,200 166,900 105,000 116,200 (16,200) (8,700) $ 306,000 $ 274,400 $ 14,400 $ 20,200 8,600 4,500 1,400 2,500 24,400 27,200 28,900 66,400 53,300 93,600 216,400 172,100 36,300 8,700 $ 306,000 $ 274,400