Question 4 of 5 < > Priscoll Company Balance Sheets December 31 Assets 2020 2019 Cash $70,000 $65,000 Debt investments (short-term) 55,000 40,000 Accounts receivable 104,000 90,000 Inventory 230,000 165,000 Prepaid expenses 25,000 23,000 Land 130,000 130,000 Building and equipment (net) 260,000 185,000 Total assets $874,000 $698,000 Liabilities and Stockholders' Equity Notes payable (short-term) $170,000 $120,000 Accounts payable 65,000 52,000 Accrued liabilities 40,000 40,000 Bonds payable, due 2023 250,000 170,000 Common stock, $10 par 200,000 200,000 Retained earnings 149,000 116,000 Total liabilities and stockholders' equity $874,000 $698,000