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DATA Balance Sheets 2017 2018 Assets Cash $15,000 $14,000 Marketable securities 6,000 6,200 Accts receivable 42,000 33,000 Inventory 51,000 84,000 Prepaid rent 1,200 1,100 Total

DATA Balance Sheets 2017 2018 Assets Cash $15,000 $14,000 Marketable securities 6,000 6,200 Accts receivable 42,000 33,000 Inventory 51,000 84,000 Prepaid rent 1,200 1,100 Total current assets 115,200 138,300 Net plant and equip 286,000 270,000 Total assets $401,200 $408,300 Liabilities and Stockholders' Equity: 2017 2018 Accts payable $48,000 $57,000 Notes payable 15,000 13,000 Accruals 6,000 5,000 Total current liabilities 69,000 75,000 Long-term debt 160,000

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