$[$The following information applies to the questions displayed below$]$

A comparative balance sheet and income statement is shown for Cruz, Incorporated.

CRUZ, INCOAPORATEO

AE December $31$

Assets

Casti

Accounts receivable, net

Inventory

Prepsid expenses

Total current assets

Furniture

Accunulated depreciation$-$Furniture

Total assets

Liabilities and Equity

Accounts payable

Wages payable

Incone taxes paysble

Total eurrent lishilities

Notes payable $($lang$-$term$)$

Total liabilities

Equity

Common stock, st par value

Retained earnings

Total liabilities and equity

$\backslash$table$[[2021,2020],[s99,600,$$$22,100$