Comparative Balance Sheet Last Year This Year Assets Current assets: 920,000 1160.000 Cash 300.000 Marketable securities 1,640,000 2.540.000 Accounts receivable. net 2.100.000 3.560.000 Inventory 190,000 250.000 Prepaid expenses 7270.000 5,390,000 Total current assets 9,010,000 9,440,000 Plant and equipment, net 16,710,000 14.400.000 Total assets Liabilities and Stockholders' Equity Liabilities: 3,970,000 2.900.000 Current liabilities 3.640.000 3,040,000 Note payable, 10% Total liabilities 7610.000 5,940,000 Stockholders' equity: 7500,000 7500,000 Common stock, $75 par value 960,000 1.600.000 Retained earnings 8,460,000 9.100.000 Total stockholders' equity Total liabilities and stockholders' equity 16,710,000 14,400,000