The financial statements of Amy Inc. appear below: Amy Inc
Comparative Balance Sheet December 31, Assets 2020 2019
Cash.......................................................................................
$ 36,000 $ 33,000 Short-term investments
.......................................................... 28,000
30,000 Accounts receivable
(net)....................................................... 80,000
60,000 Supplies
.................................................................................
8,000 10,000
Inventories..............................................................................
115,000 80,000 Prepaid Expenses
..................................................................
6,000 5,000 Property, plant and equipment
(net)....................................... 297,000 218,000 Total
assets
.....................................................................
$570,000 $436,000 Liabilities and stockholders' equity Accounts
payable...................................................................
$ 87,000 $ 73,000 Short-term notes payable
....................................................... 15,000
17,000 Long-term bonds
payable.......................................................
80,000 20,000 Common stock,...