Carla Vista Medical manufactures hospital beds and other institutional furniture. The company's income statement for 2019 and 2020 follow. Carla Vista Medical Comparative Balance Sheet As of December 31 2020 2019 Assets Current assets Cash $395,000 $417,400 Accounts receivable, net 1,054,000 776,500 Inventory 728,000 681,100 Other current assets 381,300 247,100 Total current assets 2,558,300 2,122,100 Property, plant, & equipment, net 8,662,070 8,439,780 Total assets $11,220,370 $10,561,880 Liabilities and Stockholders' Equity Current liabilities $3,160,000 $2,846,000 Long-term debt 3,702,600 3,892,700 Total liabilities 6,862,600 6,738,700 Preferred stock, $5 par value 59,000 58,900