Ivanhoe Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for $2019$ and $2020$ follow.

Assets

$\backslash$table$[[$Cash$,$$$359,000,$$$417,450$

Retained earnings

Total stockholders' equity

$\backslash$table$[[4,194,195,3,660,345$

$\backslash$table$[[$Income taxes $(30\%),427,200,411,705],[$Net income,$$996,800,$$$960,645$