Taser Corporation's recent comparative balance sheet and income statement follow.Balance Sheets, December $31$ Prior Year Current YearAssetsCash and cash equivalents$$70,200$$$114,840$Accounts receivable $($net$)|122,400122,400$Merchandise inventory$280,800306,000$Investments, long$-$term$36,000$Plant assets$606,600649,800$Accumulated depreciation$(158,400)(122,400)$