The financial statements of Hainz Company appear below: HAINZ COMPANY Comparative Balance Sheet December 31 Assets 2020 2019 Cash $20,000 $40,000 Short-term investments 20,000 60,000 Accounts receivable (net) 40,000 30,000 Inventory 60,000 70,000 Property, plant and equipment (net) 260,000 300,000 Total assets $400,000 $500,000 Liabilities and stockholders' equity Accounts payable $20,000 $30,000 Short-term notes payable 40,000 90,000 Bonds payable 80,000 160,000 Common stock 150,000 150,000