December 31, 2019 and 2018 20192018 ming Current assets Cash$ 140,000$ 90,000 Short-term investments 90,00080,000 Accounts receivable, net350,000220,000 Inventory500,000430,000 Prepaid expenses 30.00030,000 Total current assets$1,110,000$ 850,000 Property, plant, and equipment, net750,000500,000 Other assets280,000300,000 Total assets$2.140.000$1,650,000 Current liabilities: Short-term notes payable$650,000$670,000 Accounts payable200,000225.000 Total current liabilities$850,0005895,000 Non-current debt380,000220.000 Total liabilities$1.230.000$1.115,000 Shareholders' equity Common shares$500,000$500,000 Retained earning 4.10.00035.000 Total shareholders' equity$ 910.0005535.000 Total liabilities and shareholders' equity 2.100.00051 650.000 December 31, 2019 and 2018 20192018 ming Current assets Cash$ 140,000$ 90,000 Short-term investments 90,00080,000 Accounts receivable, net350,000220,000 Inventory500,000430,000 Prepaid expenses 30.00030,000 Total current assets$1,110,000$ 850,000 Property, plant, and equipment, net750,000500,000 Other assets280,000300,000 Total assets$2.140.000$1,650,000 Current liabilities: Short-term notes payable$650,000$670,000 Accounts payable200,000225.000 Total current liabilities$850,0005895,000 Non-current debt380,000220.000 Total liabilities$1.230.000$1.115,000 Shareholders' equity Common shares$500,000$500,000 Retained earning 4.10.00035.000 Total shareholders' equity$ 910.0005535.000 Total liabilities and shareholders' equity 2.100.00051 650.000