Western Environmental Inc. Comparative Balance Sheet Information June 30 2020 2019 $ 88,960 $ 22,000 Cash Accounts receivable (net) Inventory 86,000 72,400 80,060 116,060 Prepaid expenses Equipment 6,380 6,140 146,000 134,000 Accumulated depreciation 31,600 2,000 Accounts payable 29,200 36,400 Wages payable 6,400 17,200 Income taxes payable 2,780 4,220 Notes payable (long-term) 38,000 74,000 Common shares 266,000 206,000 Retained earnings 33,420 10,780