Presented below are comparative balance sheets for the Gilmour Company. GILMOUR COMPANY Comparative Balance Sheet December 31, 2013 and 2012 2013 2012 Assets Cash $1,79,500 $2,75,800 Accounts receivable (net) 2,20,700 1,54,600 Short-term investments 2,70,500 1,49,000 Inventories 10,61,000 9,79,400 Prepaid expense 24,200 24,200 Fixed assets 25,86,000 19,49,000 Accumulated depreciation -10,00,000 -7,50,900