STEERING INC. Statement of Financial Position (partial) December 31 (in thousands) 2021 2020 2019 Current assets Cash $ 30 $ 91 Trading investments 55 1 60 +A $ 60 50 40 Accounts receivable, net 671 582 498 Inventory 624 526 581 Prepaid expenses 41 52 29 Total current assets $ 1,421 $ 1,311 $ 1,208 Total current liabilities $ 882 EA $ 826 $ 756 Additional information: (in thousands) 2021 2020 2019 Allowance for doubtful accounts $ 50 $ 45 $ 40 Credit sales 4,175 3,901 3,733 Cost of goods sold 2,909 2,645 2,364