Crane Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow. Crane Medical Comparative Balance Sheet As of December 31 2020 2019 Assets Current assets Cash $366.000 $417,400 Accounts receivable, net 1,080,000 776,450 Inventory 736,000 681,100 Other current assets 381,350 247,050 Total current assets 2,563,350 2,122,000 Property, plant, & equipment, net 8,666,440 8,440,015 Total assets $11,229,790 $10,562,015 Liabilities and Stockholders' Equity Current liabilities $3,169,000 $2,846,000 Long-term debt 3,702,600 3,892,700 Total liabilities 6,871,600 6,738,700 Preferred stock, $5 par value 59,000 59.000 Common stock, $0.25 par value 104,600 103,800 Retained earnings 4,194,590 3,660,515 Total stockholders' equity 4,358,190 3,823,315 Total liabilities and stockholders' equity $11,229,790 $10,562,015