statement ot Cash lows Angela's Cleaning Consortium Comparative Balance Sheet December 31, 2020 and 2019 Seymour-Johnson, Inc. Income Statement For the Year Ended December 31, 2020 2020 2019 Net sales Cost of goods sold Gross profit ASSETS Current assets 174,000 Cash Accounts receivable Merchandise inventory S 66,500 $ 62,000 95,000 113.000 172,000 165,000 333,500 340,000 expenses Salaries and wages expense Depreciation expense Other operating expenses Income from operations Other revenues and gains 66,000 (25,000) Total current asset:s Investment in Walking Dead Co Less: Accumulated depreciation 55,000 Long-term investments Property, buildings, and e Total assets Current liabilities 507,000 304.000 nterest revenue Dividend revenue Gain on disposal of plant asset:s 15,000 9,700 nt 42,000) 781,000 $ 652,000 Liabilities and Stockholders Equit Other expenses and losses Interest expense Accounts Accrued liabilities Total current assets S 144,000$ 175,000 47,000 222,000 Income before income taxes Income tax expense Net Income 76,700 14,000) $ 62,700 able 17,000 161,0002 160,000 321,000 312.000 370,000 term Liabilities Notes payable, long-term 90,000 Total liabilities Stockholders' e Common stock Retained earnings 250,000 90,000 140,000