The balance sheets for Plasma Screens Corporation and additional information are provided below.

PLASMA SCREENS CORPORATION Balance Sheets

December $31,2024$ and $2023$

Assets

Current assets:

Cash

Accounts receivable

Inventory

Investments

Long$-$term assets:

Land

Equipment

Less: Accumulated depreciation

Total assets

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable

Interest payable

Income tax payable

Long$-$term liabilities:

Notes payable

$\backslash$table$[[$$$242,000,$$$130,000$