FORTEN COMPANY

Comparative Balance Sheets December $31$

Assets

Cash

Accounts receivable

Inventory

Prepaid expenses

Total current assets

Equipment

Accumulated depreciation$-$Equipment

Total assets

Liabilities and Equity

Accounts payable

Short$-$term notes payable

Total current liabilities

Long$-$term notes payable

Total liabilities

Equity

Common stock, $$5$ par value

Paid$-$in capital in excess of par, common stock Retained earnings

Total liabilities and equity

Current Year Prior Year

$\backslash$table$[[$$$49,860,$$$73,500$