View Policies Current Attempt in Progress Swifty's Custom Clothing (SCC) sells branded clothing to resorts and corporations. The company's comparative financial statements are presented below. SWIFTY'S CUSTOM CLOTHING STATEMENT OF FINANCIAL POSITION Current Assets Cash Accounts receivable Inventory Prepaid expenses Total current assets December 31 2020 2019 132,000 80,300 32,000 26.000 68,000 43,200 9,900 3,000 241,900 152,500 Property and equipment Property and equipment 102,000 142,000 Less: Accumulated depreciation 53,100 51.700 Net property and equipment 48.900 90.300