Pharoah Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow. Assets Current assets Pharoah Medical Comparative Balance Sheet As of December 31 2020 2019 Cash $387,000 $417,400 Accounts receivable, net 1,075,000 776,500 Inventory 727,000 681,100 Other current assets 381,350 247,050 Total current assets 2,570,350 2,122,050 Property, plant, & equipment, net 8,651,835 8,439,645 Total assets $11,222,185 $10,561,695