Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 This Year Last Year Assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment 390 135 $17 270 185 Less accumulated depreciation Net property, plant, and equipment Long-term investments Total assets 535 580 85 495 19 $1,049 475 470 80 390 37 $ 902 Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Common stock Retained earnings Total stockholders' equity $ 290 45 7 4 409 270 679 213 157 370 $1,049 $ 235 60 67 362 170 532 300 70 370 $ 902 Total liabilities and stockholders' equity