The 2012 comparative Balance Sheet and Income Statement of Digital Subscriptions, Inc., follow: DIGITAL SUBSCRIPTIONS, INC., Comparative Balance Sheet, December 31, 2012 ad 2011 Current assets: 2012 2011 Incr./(Decr.) $ Cash and cash equivalents $ 26,800 $ 11,000 15,800 Accounts receivable 26,500 25,000 1,500 Inventories 79,500 91,100 (11,600) Plant assets: Land Equipment, net 34,700 10,000 24,700 96,900 88,700 8,200 Total assets $ $ 264,400 $ 33,800 230,600 Current liabilities: $ Accounts payable $ 35,500 $ 5,500 30,000 Accrued liabilities 28,500 30,100 (1,600) Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings 73,000 102,000 (29,000) 88,700 64,300 24,400 38,700 4,200 34,500 Total liabilities and stockholders' equity $264,400 $ 230,600 $ 33,800