Some recent financial statements for ABC Company are as follow. Use this information to solve the problems from 1-4. ABC Company 2020 and 2021 Balance Sheet Assets Liabilities and Owners' Equity 2020 2021 2020 2021 Current Assets Current Liabilities Cash $21,860 $22,050 Accounts Payable $19,320 $22,850 Account Receivable 11,316 13,850 Notes Payable 10,000 9,000 Inventory 23,084 24,650 Others 9,643 11,385 Total $56,260 $60,550 Total $38,963 $43,235 Long Term Debt $75,000 $85,000 Owners' Equity {:[" Common Stock and Paid "],[" in surplus "]:} $25,000 $25,000 Fixed Assets {:[" Accumulated Retained "],[" Earnings "]:} 151,365 167,840 Net plant & Equipment 234,068 260,525 Total $176,365 $192,840 Total Assets $290,328 $321,075 {:[" Total Liabilities \& "],[" Owner