Current assets Cash $381,000 $417,400 Accounts receivable, net 1,003,000 776,400 Inventory 741,000 681,050 Other current assets 381,350 247,050 Total current assets 2.506.350 2.121,900 Property, plant, & equipment, net 8,750,650 8,439,930 Total assets $11,257,000 $10,561,830 Liabilities and Stockholders' Equity Current liabilities $3,197,000 $2,846,050 Long-term debt 3,702,600 3,892,600 Total liabilities 6,899,600 6,738,650 Preferred stock. $5 par value 58,900 58,900 Common stock. $0.25 par value 104,700 103,800 Retained earnings 4,193,800 3,660,480 Total stockholders' equity 4,357,400 3.823,180 Total liabilities and stockholders' equity $11.257.000 $10,561,830