Stevns Inc.'s Comparative Balance Sheets for 2021 and 2020 and Income Statement for 2020 are presented below. Stevens Inc. Comparative Balance Sheets December 31, 2021 and 2020 Assets Cash 2021 $105,000 2020 wwwwwwww $ 76,500 Accounts Receivable 232,500 195,000 wwwwwwww Allowance for Doubtful Accounts (15,000) (12,000) Inventory 112,500 91,500 Debt Investments 82,500 127,500 wwwwwwww Equipment 105,000 72,000 Accumulated Depreciation - Equipment (31,500) (21,000) Buildings 217,500 217,500 www Accumulated Depreciation - Buildings (55,500) (42,000) Land 60,000 Totals $813,000 37,500 $742,500 Liabilities Accounts Payable Income Taxes Payable Long-Term Notes Payable Totals Stockholders' Equity $ 99,000 $ 90,000 18,000 15,000 93,000 105,000 $210,000 $210,000 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