2 3 points QS 12-17 Computing financing cash outflows LO P3 A comparative balance sheet and income statement is shown for Cruz, Inc. CRUZ, INC. Comparative Balance Sheets December 31, 2019. eBook Print References Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Furniture Accum. depreciation-Furniture Total assets Liabilities and Equity Accounts payable Wages payable 2019 2018 $ 66,100 28,500 $ 16,600 35,200 59,700 66,100 3,700 3,000 158,000 120,900 74,600 85,000 (11,600) (6,400) $221,000 $199,500 $ 10,400 6,300 $ 14,700 3,500 Income taxes payable 1,000 1,900 Total current liabilities Notes payable (long-term) Total liabilities Equity 17,700 20,100 20,700 50,500 38,400 70,600 Common stock, $5 par value 159,500 125,000 Retained earnings 23,100 3,900 Total liabilities and equity $221,000 $199,500