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Here is financial information for Glitter Inc. December 31, 2020 December 31, 2019 Current assets $122,800 $100,000 Plant assets (net) 395,343 327,000 Current liabilities 89,886

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Here is financial information for Glitter Inc. December 31, 2020 December 31, 2019 Current assets $122,800 $100,000 Plant assets (net) 395,343 327,000 Current liabilities 89,886 71,000 Long-term liabilities 132,528 88,000 Common stock, $1 par 165,996 116,000 Retained earnings 129,733 152,000 GLITTER INC. Condensed Balance Sheets December 31 Increase or (Decrease) 2019 Amount Percentage 2020 Assets Current assets $122,800 $100,000 % Plant assets (net) 395,343 327,000 % Total assets $518,143 $427,000 $ % Liabilities Current liabilities $89,886 $71,000 $ %6 Long-term liabilities 132,528 88,000 % Total liabilities 222,414 159,000 96 Stockholders' Equity Common stock, $1 par 165.996 116,000 % Retained earnings 129.733 152,000 96 Total stockholders' equity 295,729 268,000 96 Total liabilities and stockholders' equity $518,143 $427.000 $ 96

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