Financial information for William Brown Company is presented below. William Brown Commpany Statements of Financial Position December 31 Assets 2020 2019 Land 166,400 166,400 Building and equipment (net) 215,050 224,000 Prepaid expenses 37,100 29,450 Inventory 160,000 172,800 Accounts receivables (net) 125,450 102,400 Short-term investments 66,550 51,200 Cash 89,600 83,200 Total assets 860,150 829,450