Laiho Industries: Balance Sheets as of December 31 (thousands of dollars) 2021 Cash $107,298 2020 $ 89,230 Accounts receivable 100,945 83,855 Inventories 37,263 33,470 Total current assets $245,506 $206,555 Net fixed assets 67,156 Total assets $312,662 43,623 $250,178 Accounts payable Accruals $ 30,934 32,350 Notes payable 17,563 Total current liabilities $ 80,847 Long-term debt Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity 77,939 $158,786 $ 24,120 23,893 15,493 $ 63,506 65,589 $129,095 85,000 97,500 56,376 36,083 $153,876 $121,083 $312,662 $250,178