A comparative balance sheet for Carter Fuel Injection Systems, Inc. appears below: Carter Fuel Injection Systems, Inc. Comparative Balance Sheet Dec 31, 2020 DC312012 Assets Cash $ 34,000 Accounts receivable $11,000 18.000 13.000 Inventory 25,000 17.000 Prepaid expenses 6 000 9.000 Long-term investments -0- 17.000 Equipment 50,000 33 000 Accumulated depreciation equipment (20.000) 15.000 Total assets STO Liabilities and stockholders Katy Accounts payable $ 17.000 $7.000 Bonds payable 36.000 45,000 Common Stock 40.000 23.000 Retained earnings 30.000 10.000 Totalities and stockholders equity 5123000 SA Additional information: 1 Net income for the year ending December 31, 2020 was $35.000 2. Cash dividends of $15,000 were declared and paid during the year 3. Long-term investments that had a cost of $17.000 were sold for $14.000 4 No equipment was sold during 2020 HINT depreciation expense must be determined once in a states no equipment was sola During 2020. therefore, focus on the change in accumulated depreciation Instructions for Completing this Quiz For Points that the tion conting the Cash Flows from Operating Activities