Wildhorse Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2015 and 2016 follow. 2015 Wildhorse Medical Comparative Balance Sheet As of December 31 2016 Assets Current assets Cash $442,000 Accounts receivable, net 1,090,000 Inventory 745,000 Other current assets 373,000 Total current assets 2,650,000 Property, plant, & equipment, net 8,716,900 Total assets $11,366,900 $417,400 776,450 681,000 247,000 2,121,850 8,440,315 $10,562,165 Liabilities and Stockholders' Equity Current liabilities Long-term debt Total liabilities Preferred stock, $5 par value Common stock, $0.25 par value Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $3,196,000 3,732,000 6,928,000 63,000 186,000 4,189,900 4,438,900 $11,366,900 $2,846,050 3,892,650 6,738,700 59,000 103,900 3,660,565 3,823,465 $10,562,165