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SPORTS UNLIMITED Balance Sheets For the Years Ended December 31, 2021 and 2020 Assets Current Assets: Cash Accounts receivable Inventory Prepaid rent Long-Term Assets: Investment in bonds Land Equipment Less: Accumulated depreciation Total Assets Liabilities and Stockholders' Equity Current Liabilities: Accounts payable Interest payable $ $ S 69 2021 1,03,500 $ 46,800 44,550 7,200 54,900 1,17,450 1.06.200 (30,600) 4,50,000 $ 30,150 $ 7,200 2020 70,400 32,000 71,200 3,600 1,41,600 1,02,000 (20,800) 4,00,000 46.800 3,600