Ivanhoe Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2015 and 2016 follow Ivanhoe Medical Comparative Balance Sheet As of December 31 2016 2015 Assets Current assets Cash Accounts receivable, net Inventory Other current assets $417,500 776,450 681,100 247,050 2,122,100 8,406,875 $11,624,750 $10,528,975 $333,000 1,066,900 738,000 393,000 2,530,900 9,093,850 Total current assets Property, plant, & equipment , net Total assets Liabilities and Stockholders' Equity Current liabilities Long-term debt $3,166,000 3,702,650 6,868,650 59,300 122,000 4,574,800 4,756,100 $11,624,750 $2,846,000 3,892,700 6,738,700 59,300 103,850 3,627,125 3,790,275 $10,528,975 Total liabilities Preferred stock, $5 par value ommon stock, $0.25 par value Retained earnings Total stockholders' equity Total liabilities and stockholders' equity