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COMPARATIVE BALANCE SHEET December 31, 2019 218 2017 Assets Current assets Cash $ 3,343,212 $525,710 $658,079 Marketable Securities 120,000 75,000 15,000 Accounts receivable 1,883,580 455,000
| COMPARATIVE BALANCE SHEET | |||
| December 31, | 2019 | 218 | 2017 |
| Assets | |||
| Current assets | |||
| Cash | $ 3,343,212 | $525,710 | $658,079 |
| Marketable Securities | 120,000 | 75,000 | 15,000 |
| Accounts receivable | 1,883,580 | 455,000 | 525,000 |
| Allowance for Bad Debt | (226,030) | (25,000) | (105,000) |
| Interest Receivable | 77,378 | 23,676 | 21,574 |
| Prepaid Advertising | 4,658 | - | - |
| Prepaid Insurance | 312,003 | 139,836 | 148,945 |
| Prepaid Rent | 111,208 | 29,050 | 34,982 |
| Office Supplies | 16,120 | 3,520 | 5,400 |
| Inventory | 757,350 | 975,000 | 775,000 |
| Total Current Assets | 6,399,479 | $2,201,792 | $2,078,980 |
| Non-Current Assets | |||
| Office Furniture | 93,000 | - | - |
| Accumulated Depreciation | (8,400) | ||
| Equipment | 4,760,000 | 5,000,000 | 5,000,000 |
| Accumulated Depreciation | (2,531,000) | (2,000,000) | (1,500,000) |
| Long-Term Notes Receivable | 285,000 | 285,000 | - |
| Land | 1,140,000 | 1,450,000 | 1,450,000 |
| Patent | 82,000 | - | - |
| Accumulated Amortization | (3,417) | ||
| Total Non-Current Assets | 3,817,183 | 4,735,000 | 4,950,000 |
| Total Assets | $ 10,216,662 | $ 6,936,792 | $ 7,028,980 |
Will you show me a horizontal analysis of the assets portion of this comparative balance sheet?
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