Indicate your criticisms of the balance sheet and brietly ment of any item criticized. following is the balance sheet of Rubber Industries: RUBBER INDUSTRIES Balance Sheet For the Year Ended December 31, 2012 Current assets: S 50 Cash 1 9,000 60,000 Marketable equity securities Accounts receivable, net Inventory Treasury stock 30,000 20,000 $179,000 Total current assets Land and buildings, net Short-term U.S. notes Supplies Plant assets: 160,000 Investments: 20,000 Other assets 4,000 Total assets Liabilities and Stockholders' Equity Liabilities: Bonds payable Accounts payable Wages payable $123,000 40,000 10,000 $173,000 Total liabilities Stockholders equity Common stock (S20 par, 20,000 shares authorized 120,000 50,000 20,000 $363,000 6,000 shares outstanding) Retained earnings Redeemable preferred stock Total liabilities and stockholders' equity