IKIBAN INCORPORATED Comparative Balance Sheets At June 30 Assets Cash Accounts receivable, net Prepaid expenses Inventory Total current assets Equipment Accumulated depreciation-Equipment Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term) Total liabilities Equity Common stock, $5 par value Retained earnings Total liabilities and equity 2021 2020 $ 102,100 $ 53,000 78,500 72,800 60,000 100,000 5,300 7,200 258,700 220,200 133,000 (31,500) $ 360,200 $ 34,000 6,900 4,300 124,000 (13,500) $ 330,700 $ 43,500 16,800 5,600 45,200 65,900 39,000 69,000 84,200 134,900 238,000 169,000 38,000 $ 360.200 26,800 $ 330.700