Intro The balance sheet for GameStonk Inc. for December 31 of 2019 and 2020 is shown below: Assets 2019 2020 Cash Accounts receivable Inventory Current assets 2,500 3,660 6,500 9,150 7,500 7,320 16,500 20,130 33,500 40,870 Net fixed assets Liabilities & equity 2019 2020 Accounts payable 3,000 7,320 Notes payable 1,500 1,000 Accruals 2,500 2,440 Current liabilities 7,000 10,760 Long-term debt 9,000 12,200 Total liabilities 16,000 22,960 Common stock 6,500 7,500 Retained earnings 27,500 30,540 Total equity 34,000 38,040 Total liab. & equity 50,000 61,000 Total assets 50,000 61,000 Attempt 1/1 for 10 pts. Part 1 Which of the following statements are true about 2020? Check all that apply: The company repurchased some common stock. The company issued new long-term debt. The company increased its short-term debt. The company issued new common stock. Net income was positive. Submit