the most recent comparative balance sheet of giacomelli

15) The most recent comparative balance sheet of Giacomelli Corporation appears below: 15 Ending Balance Beginning Balance Assets Current assets: $29,000 $37,000 Cash and cash equivalents L 24,000 20,000 Accounts receivable 61,000 65,000 Inventory 5.000 7,000 Prepaid expenses 127,000 121.000 Total current assets 399.000 424.000 Property, plant, and equipment 31.000 200.000 Less accumulated depreciation 199.000 193,000 Net property, plant, and equipment $320,000 S320.000 Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable S19.000 $17,000 58.000 51,000 Accrued liabilities 47.000 42,000 Income taxes payable 124.000 110.000 Total current liabilities Bonds payable 77,000 80,000