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Provide an analysis of the balance sheet. Projected Balance Sheet 12/31/2020 12/31/2021 12/31/2022 Assets Cash and Equivalents $3,257,203 $1,874,745 $4,639,661 Accounts Receivable 1652621 $1,647,692 $1,657,550

Provide an analysis of the balance sheet.

Projected Balance Sheet 12/31/2020 12/31/2021 12/31/2022
Assets
Cash and Equivalents $3,257,203 $1,874,745 $4,639,661
Accounts Receivable 1652621 $1,647,692 $1,657,550
Inventory $523,497 $712,942 $902,387
Other Current Assets $280,470 $185,777 $375,163
Total Current Assets $5,713,791 $4,421,156 $7,006,425
Property Plant & Equipment $3,068,727 $3,004,616 $3,132,838
Goodwill $65,976 $63,177 $68,775
Intangibles $9,629 $7,514 $11,744
Other Long-Term Assets $158,538 $82,922 $234,154
Total Assets $9,016,661 $7,579,385 $10,453,936
Liabilities
Accounts Payable 315142 $409,257 $503,372
Other Current Liabilities $466,454 $526,684 $586,914
Total Current Liabilities $781,596 $935,941 $1,090,286
Other Long-Term Liabilities $2,862,562 $3,158,170 $3,453,778
Total Liabilities $3,644,158 $4,094,111 $4,544,064
Equity
Common Stock $1,694 $1,685 $1,703
Retained Earnings $1,284,823 $1,842,421 $2,400,019
Treasury Stock -$588,012 -$596,963 -$579,061
Paid in Capital & Other $7,655,718 $7,148,861 $8,162,575
Total Equity $8,354,223 $8,396,004 $8,437,785
Total Liabilities and Equity $11,998,381 $12,490,115 $12,981,849

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