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The comparative balance sheets for Strackman Lux Company as of December 31 are presented below. STRACKMAN LUX COMPANY Comparative Balance Sheets December 31 Assets 2012

The comparative balance sheets for Strackman Lux Company as of December 31 are presented below.

STRACKMAN LUX COMPANY Comparative Balance Sheets December 31
Assets
2012
2011
Cash
$71,420
$45,020
Accounts receivable
44,830
61,330
Inventory
150,630
142,900
Prepaid expenses
14,770
21,760
Land
104,660
130,330
Equipment
227,940
154,530
Accumulated depreciation

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