Current Attempt in Progress Oriole Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow. Assets Current assets Oriole Medical Comparative Balance Sheet As of December 31 2020 2019 Cash $398,000 $417,450 Accounts receivable, net 1,046,000 776,450 Inventory 730,000 681,050 Other current assets 381,300 247,100 Total current assets 2,555,300 2,122,050 Property, plant, & equipment, net 8,711,250 8,439,765 Total assets $11,266,550 $10,561,815 Liabilities and Stockholders' Equity Current liabilities $3,206,000 $2,846,050 Long-term debt 3,702,650 3,892,600 Total liabilities 6,908,650 6,738,650 Preferred stock, $5 par value 59,000 59,000 Common stock, $0.25 par value 104,650 103,800 Retained earnings 4,194,250 3,660,365 Total stockholders' equity 4,357,900 3,823,165 Total liabilities and stockholders' equity $11,266,550 $10,561,815