The comparative balance sheets for Concord Corporation show the following information: December 31 2020 2019 Cash $55,800 $18,700 Accounts receivable 55,700 51,100 Inventory 81,700 85,000 Buildings -0- 177,000 Equipment 196,000 121,000 Investments -0- 41,900 Patents 24,900 29,600 Total assets $414,100 $524,300 Allowance for doubtful accounts $5,000 $4,500 Accumulated depreciation-building -0- 46,900 Accumulated depreciation-equipment 45,000 20,100 Accounts payable 76,200 73,900 Dividends payable 6,000 12,000 Notes payable, short-term 10,000 6,000 Long-term notes payable 50,000 264,000 Common stock 68,400 50,200 Retained earnings 153,500 46,700