Lomax Company Comparative Balance Sheet Assets Current assets: Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Long-term investments Loans to subsidiaries This Year Last Year 72,000 $ 50,800 592,000 612,500 609,200 421,000 10,800 5,500 1,284,000 1,089,800 2,375,000 1,804,000 616,200 560,900 1,758,800 1,243,100 82,100 133,000 121,000 70,500 Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity: Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $3,245,900 $2,536,400 $ 871,600 $ 571,000 25,600 134,300 42,900 118,800 1,031,500 732,700 625,000 403,000 1,656,500 1,135,700 1,092,000 1,001,000 497,400 399,700 1,589,400 1,400,700 $3,245,900 $2,536,400