The following are condensed comparative financial statements of Nero Corporation for the three years ended December 31, 2019, 2020, and 2021 Nero Corporation Balance Sheet At December 31 Nero Corporation Income Statement For Years Ended Assets Current 2021 2020 2019 2021 2000 2019 Cash $24 50 50 Sales $252 5144 $120 Accounts Receivable 545 545 544 Cost of goods sold 5109 596 566 Inventory $12 548 536 Gross profit $40 $54 Prepaid expenses $1 $1 4 Selling and administrative $17 $30 . " $144 564 Income from operations $26 $14 524 Non-current interest expense Property, plant, and equipment, t 5312 5130 201 Income before income taxes 520 58 524 Total assets 5456 5226 $175 Income taxes 58 $1 Net income 512 $5 Liabilities and Stockholders' Equity Current Accounts payable 554 572 540 Pro 530 524 520 Non current bonds payable, 100 50 $100 5556 360 Common Stick $240 S Reamed Caring 524 $19 total lab and stockholder equity 5800 $220 117) The following additional information is available: 1. All sales are on credit; credit terms are net 60 days after invoice date. 2. Twenty shares of common stock were outstanding in years 2019 and 2020. On April 1, 2021, an additional 30 shares of common stock were issued for $144 cash in total. 3. The accounts receivable balance at January 1, 2019 was $19. 4. The inventory balance at January 1, 2019 was $24. 5. The net capital assets balance at January 1, 2019 was $91. 6. The total assets balance at January 1, 2019 was $165. 7. The total stockholders' equity balance at January 1, 2019 was $101. 8. Dividends of 58 were declared in 2019. No dividends were declared in 2020 and 2021. 9. Interest has been paid on the bonds each year and is included in interest expense. After applying multiple analysis techniques, what conclusions can be drawn from the provided financial data?