Cullumber Medical Comparative Balance Sheet As of December 31 2020 2019 Assets Current assets Cash $397,000 $417,400 Accounts receivable, net 1,089,000 776,400 Inventory 733.000 681,050 Other current assets 381,400 247,100 Total current assets 2,600,400 2,121,950 Property, plant, & equipment, net 8,616,245 8,439,830 Total assets $11,216,645 $10,561,780 Liabilities and Stockholders' Equity Current liabilities $3,156,000 $2,846,050 Long-term debt 3,702,600 3,892,600 Total liabilities 6,858,600 6,738,650 Preferred stock, $5 par value 58,900 58,900 Common stock, $0.25 par value 104,650 103,850 Retained earnings 4,194,495 3,660,380 Total stockholders' equity 4,358.045 3,823,130 Total liabilities and stockholders' equity $11,216,645 $10,561,780