CULVERINC. COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2020 AND 2019 \begin{tabular}{lcc} \hline & 12/31/20 & 12/31/19 \\ \hline Cash & $6,100 & $6,900 \\ Accounts receivable & 61,900 & 50,500 \\ Short-term debt investments (available-for-sale) & 34,800 & 18,200 \\ Inventory & 39,900 & 59,800 \\ Prepaid rent & 4,900 & 4,000 \\ Equipment & 155,500 & 131,200 \\ Accumulated depreciation-equipment & (34,800) & (25,300) \\ Copyrights & 45,700 & 50,200 \\ \hline Total assets & $314,000 & $295,500 \\ \hline Accounts payable & & \\ \hline Income taxes payable & $46,200 & $39,700 \\ Long-term loans payable & 4,000 & 6,100 \\ Salaries and wages payable & 7,900 & 4,000 \\ Short-term loans payable & 7,900 & 10,000 \\ \hline \end{tabular} Contributedcapital,commonstockRetainedearnings:Totalliabilitics&stockholderscquaty30,00058,200$314,00030.00037,100$295,500 CULVER INC. Statement of Cash Flows Adjustments to reconcile net income to $ CULVERINC. COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2020 AND 2019 \begin{tabular}{lcc} \hline & 12/31/20 & 12/31/19 \\ \hline Cash & $6,100 & $6,900 \\ Accounts receivable & 61,900 & 50,500 \\ Short-term debt investments (available-for-sale) & 34,800 & 18,200 \\ Inventory & 39,900 & 59,800 \\ Prepaid rent & 4,900 & 4,000 \\ Equipment & 155,500 & 131,200 \\ Accumulated depreciation-equipment & (34,800) & (25,300) \\ Copyrights & 45,700 & 50,200 \\ \hline Total assets & $314,000 & $295,500 \\ \hline Accounts payable & & \\ \hline Income taxes payable & $46,200 & $39,700 \\ Long-term loans payable & 4,000 & 6,100 \\ Salaries and wages payable & 7,900 & 4,000 \\ Short-term loans payable & 7,900 & 10,000 \\ \hline \end{tabular} Contributedcapital,commonstockRetainedearnings:Totalliabilitics&stockholderscquaty30,00058,200$314,00030.00037,100$295,500 CULVER INC. Statement of Cash Flows Adjustments to reconcile net income to $