The most recent comparative balance sheet of Giacomelli Corporation appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Current assets: Cash and cash equivalents $ 37,000 $ 29,000 Accounts receivable 20,000 24,000 Inventory 65,000 61,000 Prepaid expenses 5,000 7,000 Total current assets 127,000 121,000 Property, plant, and equipment 424,000 399,000 Less accumulated depreciation 231,000 200,000 Net property, plant, and equipment 193,000 199,000 Total assets $ 320,000 $ 320,000 Liabilities and stockholders' equity: Current liabilities: Accounts payable $ 19,000 $ 17,000 Accrued liabilities 58,000 51,000 Income taxes payable 47,000 42,000 Total current liabilities 124,000 110,000 Bonds payable 77,000 80,000 To