$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|\}$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$l$|\}\{$ABC Company$\}\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$l$|\}\{\backslash$multirow$[$t$]\{2\}\{*\}\{\backslash$begin$\{$tabular$\}\{$l$\}$

Balance Sheet $\backslash \backslash$

As of December $31,20$X$2$ and December $31,20$X$1$

$\backslash$end$\{$tabular$\}\}\}\backslash \backslash$

$\backslash$hline & & $\backslash \backslash$

$\backslash$hline & $\backslash$$ in thousands

$\backslash [$

$20\backslash$times $2$

$\backslash ]$ & $\backslash$$ in thousands $20$X$1\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$l$|\}\{$Assets$\}\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$l$|\}\{$Current Assets$\}\backslash \backslash$

$\backslash$hline Cash and Equivalents & $1565$ & $990\backslash \backslash$

$\backslash$hline Accounts Receivable & $565$ & $605\backslash \backslash$

$\backslash$hline Inventories & $895$ & $1215\backslash \backslash$

$\backslash$hline Other & $215$ & $180\backslash \backslash$

$\backslash$hline Total Current Assets & $3420$ & $2990\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$l$|\}\{$Fixed Assets $($at cost$)\}\backslash \backslash$

$\backslash$hline Land and Buildings & $2400$ & $2400\backslash \backslash$

$\backslash$hline Machinery and Equipment & $1880$ & $1575\backslash \backslash$

$\backslash$hline Furniture and Fixtures & $435$ & $390\backslash \backslash$

$\backslash$hline Vehicles & $140$ & $115\backslash \backslash$

$\backslash$hline Less: Accumulated Depreciation & & $905\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$l$|\}\{$Net Fixed Assets$\}\backslash \backslash$

$\backslash$hline Other $($includes certain leases$)$ & $75$ & $70\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$l$|\}\{$Total Fixed Assets$\}\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$l$|\}\{$Total Assets$\}\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$l$|\}\{$Liabilities$\}\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$l$|\}\{$Current Liabilities$\}\backslash \backslash$

$\backslash$hline Accounts Payable & $300$ & $295\backslash \backslash$

$\backslash$hline Short$-$Term Notes Payable & $1275$ & $965\backslash \backslash$

$\backslash$hline Accruals and Other Current Liabilities & $145$ & $295\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$l$|\}\{$Total Current Liabilities$\}\backslash \backslash$

$\backslash$hline Long$-$Term Debt & $1900$ & $1755\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$l$|\}\{$Total Liabilities$\}\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$l$|\}\{$Stockholder$\text{'}$s Equity$\}\backslash \backslash$

$\backslash$hline Preferred Stock & $200$ & $200\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$l$|\}\{$Common Stock $(\backslash$$$10$ par, $100,000$ shares outstanding$)\}\backslash \backslash$

$\backslash$hline Paid$-$in Capital in excess of par on common stock & $1985$ & $1985\backslash \backslash$

$\backslash$hline Accumulated Retained Earnings & & $140\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$l$|\}\{$Total Stockholder's Equity$\}\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$l$|\}\{$Total Liabilities and Owner's Equity$\}\backslash \backslash$

$\backslash$hline Check: A $=$ L SE & True & True $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$