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 $417,500 776,500 681,050 247,000 2,122,050 8,439,845 $11,261,025 $10,561,895 $380,000 1,035,000 726,000 381,400 2,522,400 8,738,625 Total current assets Property, plant, & equipment, net Total assets Liabilities and Stockholders' Equity Current liabilities Long-term debt Total liabilities Preferred stock, $5 par value Common stock, $0.25 par value $3,201,000 $2,846,100 3,892,600 6,738,700 58,900 103,900 3,702,650 6,903,650 58,900 104,700