ES Problem 13-4A The following financial Information is for Carla Vista Company. CARLA VISTA COMPANY Balance Sheets y Assets Cash December 31 2019 2018 $ 70,000 $ 67,000 Debt investments (short-term) Accounts receivable 51,000 41,000 104,000 90,000 Inventory 230,000 164,000 Prepaid expenses 22,000 23,000 Land 133,000 133,000 Building and equipment (net) 202,000 185,000 Total assets $872,000 $703,000 Liabilities and Stockholders' Equity Notes payable $172,000 $102,000 Accounts payable 66,000 51,000 Accrued liabilities 39,000 39,000 Bonds payable, due 2022 249,000 169,000 Common stock, $10 par 210,000 210,000 136,000 132,000 Retained earnings $703,000 Total liabilities and stockholders' equity $872,000 CARLA VISTA COMPANY Income Statements For the Years Ended December 31 2019 2018