Copy Paste 819 Format Painter Clipboard Ex BIU xvfx B Font 4 48 Balance Sheets 49 For the Years Ended December 21, 2021 and 2020 4 50 51 2021 2020 52 Cash $ 160,000 80,000 53 Short-term investments 75,000 200,000 54 Accounts receivable 55 Inventory 250,000 300,000 500,000 450,000 56 Pre-paid costs 57 Property, Plant & Equip 58 Total Assets 59 50,000 30,000 1,100,000 1,140,000 2,135.000 2,200,000 60 Liabilities and Stockholder Equity 61 62 Current Eabilities 400,000 550,000 63 Mortgage payable 425,000 500,000 64 Stockholder equity 1,310,000 1,150,000 65 66 Total habilities & S/E 2.135.000 2.200.000 67 68 Lester Corporation 69 Income Statement 70 For the Year Ended December 31,2021 71 72 Sales Revenue: 73 Net Sales Revenue 74 75 Cost of Goods Sold 76 Gross Profit 77 Operating Expenses 78 Net Income before int and taxes 70 Interest expense 80 Net Income before tax 1 Income tax expense 12 Net income 03 der Information Ratio Ready Accessibility Unavailable Type here to search Cash Flow Statement E Cash flow from Operations 30,000 2,500,000 Cash Flow From Investing 125,000 2,000,000 500,000 Cash Flow from Financing (75,000) 250,000 250,000 Increase in Cash 80,000 50,000 200,000 Cash, January 1, 2021 80.000 40.000 160,000 Cash, December 31, 2021 160,000 0 EI