Ivanhoe Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow. Ivanhoe Medical Comparative Balance Sheet As of December 31 2020 2019 Assets Current assets Cash $390,000 $417,500 Accounts receivable, net 1,035,000 776,500 Inventory 726,000 681,050 Other current assets 381.400 247,000 Total current assets 2,522,400 2,122,050 Property plant, & equipment, net 8,738.625 8,439,845 Total assets $11,261.025 $10,561,895 Liabilities and Stockholders' Equity Current liabilities $3,201,000 $2,846.100 Long-term debt 3,702.650 3892600 Total liabilities 6.903.650 6.738,700 Preferred stock. $5 par value 58.900 58,900 Common stock, $0.25 par value 104,700 103,900 Retained earnings 4.193.775 3.660.395 Total stockholders' equity 4.357.375 3.823.195 Total liabilities and stockholders equity $11.261.025 $10.561.995