You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety helmets. Your boss has asked you to perform a comprehensive analysis of the company's financial statements, including comparing Lydex's performance to its major competitors. The company's financial statements for the last two years are as follows: Balance Sheet Assets Current assets: Cash S 820,000 $1,250,000 0300,000 2,300,000 240,000 6,860,000 1,400,000 3,500,0002,000,000 180,000 Accounts receivable, net Inventory Prepaid e 5,130,000 9320,0008,950,000 $16,180,000 $14,080,000 Total current assets Plant and equipment, net Total assets Liabilities and Stockholders' Equity Liabilities $ 3,910,000 3.600,000 2,780,000 Current liabilities Note payable, 10% 3,000,000 Total liabilities 7510,000 5,780,000 Stockholders' equity 7.500,000 7.500,000 Common stock, $75 par value Retained eamings 1170,000 800,000 8,300,000 $16,180,000 $14,080,000 Total stockholders' equity 8.670,000 Total liabiliies and stockholders' equity Lydex Company Comparative Income Statement and Reconciliation This Year Last Year Sales (all on account