Sandhill Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow. Sandhill Medical Comparative Balance Sheet As of December 31 2020 2019 Assets Current assets Cash $380,000 $417,500 Accounts receivable, net 1,023,000 776,400 Inventory 742,000 681,050 Other current assets 381,300 247,050 Total current assets 2,526,300 2,122,000 Property, plant, & equipment, net 8,703,820 8,439,965 Total assets $11,230,120 $10,561,965 Liabilities and Stockholders' Equity Current liabilities $3,169,000 $2,846,000 Long-term debt 3,702,700 3,892,600 b i e