COMPRATIVE BALANCE SHEET Assets Pete's Patriotic Flags, Inc. Comparative Balance Sheet December 31, 2021and 2020 2021 2020 Current Assets: Cash 366,520 90,000 Accounts Receivable, net 160,000 170,000 Merchandise Inventory 130,000 70,000 Prepaid Rent 70,000 Total Current Assets $726,520 $380,000 Property, Plant, and Equipment: Equipment 240,000 260,000 Less: Accumulated Depreciation - Equipment (60,000) (40,000) Total Property, Plant, and Equipment $180,000 $220,000 $906,520 $600,000 Total Assets