assets current assets: cash $ 1,200 $ 1,330 accounts receivable, net 10,200 8,000 inventory 13,200 11,100 prepaid expenses 680 680 total current assets 25,280 21,110 property and equipment: land 10,600 10,600 buildings and equipment, net 38,478 38,774 total property and equipment 49,078 49,374 total assets $ 74,358 $ 70,484 liabilities and stockholders' equity current liabilities: accounts payable $ 18,500 $ 19,300 accrued liabilities 900 710 notes payable, short term 0 240 total current liabilities 19,400 20,250 long-term liabilities: bonds payable 9,600 9,600 total liabilities 29,000 29,850 stockholders' equity: common stock 2,000 2,000 additional paid-in capital 4,000 4,000 total paid-in capital 6,000 6,000 retained earnings 39,358 34,634 total stockholders' equity 45,358 40,634 total liabilities and stockholders' equity $ 74,358 $ 70,484