Global Company and Local Company are competitors in the some industry. Selected dinavial data from their 2020 sements foew points Cash Accounts receivable Inventory Balance Sheet December 31, 2020 Global Company 5 40,000 145,000 2200000 130,000 43,000 550,000 $1.078.000 $ 190,000 310,000 160,000 Local Company 5.255.000 490 000 770,000 410,000 90000 1000.000 $2.965000 $ 505,000 1,240,000 100,000 Investments Intangibles Property, plant, and equipment Total assets Accounts payable Bonds payable Preferred stock, $1 par Common stock, $10 par Retained earnings Sales 310,000 850,000 148.000 310.000 $1.078.000 $2.965.000 Total liabilities and capital Income Statement For the Year Ended December 31, 2020 Global Company Local Company $3.465,000 $15,400,000