Intro Below is the balance sheet for Southern Comfort Company for December 31 of 2020 and 2021. 2020 Cash 2021 1,850 2,300 2020 2021 Accounts payable 5,550 6,900 Accounts receivable 5,550 6,900 Current liabilities 5,550 6,900 Inventory 5,550 6,900 Long-term debt 11,100 13,800 Current assets 12,950 16,100 Total liabilities 16,650 20,700 Net fixed assets 24,050 29,900 Equity 20,350 25,300 Total assets 37,000 46,000 Total liab. & equity 37,000 46,000 A partial income statement for 2021 is also given: Amount Sales 110,400 Cost 60,720 Depreciation 16,560 Interest 11,040 Taxes (34%)