Here is financial information for Glitter Inc.

		December 31, 2020		December 31, 2019
Current assets		$122,000		$100,000
Plant assets (net)		393,900		325,000
Current liabilities		86,030		70,000
Long-term liabilities		128,010		85,000
Common stock, $1 par		165,990		110,000
Retained earnings		135,870		160,000

GLITTER INC. Condensed Balance Sheets December 31 Increase or (Decrease) Amount Percentage 2020 2019 Assets Current assets $122,000 $100,000 $ % Plant assets (net) 393,900 325,000 % Total assets $515,900 $425,000 $ % Liabilities Current liabilities $86,030 $70,000 $ % Long-term liabilities 128,010 85,000 % Total liabilities 214,040 155,000 % Stockholders' Equity Common stock, $1 par 165,990 110,000 % Retained earnings 135,870 160,000 % Total stockholders' equity 301,860 270,000 % Total liabilities and stockholders' equity $515,900 $425,000 % Click if you would like to Show Work for this question: Open Show Work