Stevens Inc. Comparative Balance Sheets December 31, 2021 and 2020 Assets 2021 2020 Cash $105,000 $ 76,500 Accounts Receivable 232,500 195,000 Allowance for Doubtful Accounts (15,000) (12,000) Inventory 112,500 91,500 Debt Investments 82,500 127,500 Equipment 105,000 72,000 Accumulated Depreciation - Equipment (31,500) (21,000) Buildings 217,500 217,500 Accumulated Depreciation - Buildings (55,500) (42,000) Land 60,000 37,500 Totals $813,000 $742,500 Liabilities Accounts Payable Income Taxes Payable Long-Term Notes Payable Totals $ 99,000 18,000 $ 90,000 15,000 93,000 105.000 $210,000 $210,000 Stockholders' Equity Common Stock $465,000 $390,000 Retained Earnings 138,000 142,500 Totals $603,000 $532,500 Totals Liabilities and Stockholders' Equity $813,000 $742,500