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The condensed financial statements of Murawski Company for the years 2019 and 2020 are presented follows. (Amounts in thousands.) MURAWSKI COMPANY Balance Sheets December

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The condensed financial statements of Murawski Company for the years 2019 and 2020 are presented follows. (Amounts in thousands.) MURAWSKI COMPANY Balance Sheets December 31 2020 2019 Current assets Cash and cash equivalents $352 $354 Accounts receivable (net) 382 486 Inventory 360 440 Prepaid expenses 174 144 Total current assets 1,268 1,424 Investments 13 10 Property, plant, and equipment 400 424 Intangibles and other assets 524 506 Total assets $2,205 $2,364 Current liabilities $804 $912

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