Take me to the text The balance sheet and income statement for Vespa Company are presented below. Vespa Company Balance Sheet As at December 31 2020 2019 Assets Current Assets Cash Accounts Receivable Merchandise Inventory $114,930 $75,400 $45,900 $28,700 $71,600 $43,000 Total Current Assets $232,430 $147,100 Land $96,000 $102,000 Equipment $99,000 $136,000 Less: Accumulated Depreciation $-46,000 $-60,000 Total Assets Liabilities and Equity Liabilities Current Liabilities Accounts Payable Taxes Payable $381,430 $325,100 $40,100 $69,700 $25,300 $25,300 Total Current Liabilities $65,400 $95,000 Bonds Payable $126,500 $88,100 Total Liabilities A $191,900 $183,100 Shareholders' Equity Common Shares $74,700 $68,700 Retained Earnings $114,830 $73,300 Total Shareholders' Equity $189,530 $142,000 Total Liabilities and Equity $381,430 $325,100 Notes: The company paid cash dividends during 2020. The company did not make a bonds payable payment during 2020. The company did not purchase any equipment during 2020. The company did not purchase any land during 2020.