[The following Information applies to the questions displayed below.] A comparative balance sheet and Income statement is shown for Cruz, Incorporat CRUZ, INCORPORATED Comparative Balance Sheets At December 31 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Furniture Accumulated depreciation-Furniture Total assets Liabilities and Equity Accounts payable Wages payable 2021 2020 $ 85,600 $ 21,300 36,800 45,200 77,100 84,900 4,700 3,900 204,200 155,300 94,700 110,500 (14,700) (8,400) $ 284,200 $ 257,400 $ 13,400 $ 19,000 8,000 4,500 Income taxes payable 1,400 2,500 Total current liabilities Notes payable (long-term) Total liabilities Equity Common stock, $5 par value Retained earnings 22,800 26,000 28,900 66,400 51,700 92,400 204,000 162,300 28,500 2,700 Total liabilities and equity $ 284,200 $ 257,400