View Policies Current Attempt in Progress Marigold Company had the following information available at the end of 2020. MARIGOLDCOMPANY COMPARATIVE BALANCE SHEETS AS OF DECEMBER 31, 2020 AND 2019 2020 2019 Cash $9,920 $3,990 Accounts receivable 20,420 12,920 Short-term investments 22,030 30,090 Inventory 42,260 34,730 Prepaid rent 2,970 11,890 Prepaid insurance 2,080 89 Supplies 990 75 Land 124,480 173,960 Buildings 347,500 347,500 Accumulated depreciation-buildings (105,630 ) (86,990 ) Equipment 527,990 403,270 Accumulated depreciation-equipment (130,330) (111,810) Patents Total assets 45,310 49,860 $909,990 $869,574 Accounts payable $22,210 $31,820 Income taxes payable 5,030 4,030 Salaries and wages payable 5,010 3,020 Short-term notes payable 10,000 10,000 Long-term notes payable 59,850 70,580 Bonds payable 398,690 398,690 Premium on bonds payable 21,830 24,464 Common stock 240,090 221,730 Paid-in capital in excess of par-common stock 24,970 17,350 Retained earnings 122,310 87,890 Total liabilities and stockholders' equity $909,990 $869,574