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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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