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CHAPTER 23 Question 12 Condensed financial data of Blossom Company for 2020 and 2019 are presented below. BLOSSOM COMPANY COMPARATIVE BALANCE SHEET AS OF

CHAPTER 23 Question 12 Condensed financial data of Blossom Company for 2020 and 2019 are presented below. BLOSSOM COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2020 AND 2019 2020 2019 Cash $1,810 $1,160 Receivables 1,740 1,310 Inventory 1,630 1,890 Plant assets 1,910 1,720 Accumulated depreciation (1,220) (1,180) Long-term investments (held-to-maturity) 1,280, 1,420 $7,150 $6,320

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