Comparative balance sheets for 2021 and 2020 and a statement of income for 2021 are given below for Metagrobolize Industries. Additional information from the accounting records of Metagrobolize also is provided. METAGROBOLIZE INDUSTRIES Comparative Balance Sheets December 31, 2021 and 2020 ($ in thousands) 2021 2020 Assets Cash $ 405 $ 245 Accounts receivable 350 190 Inventory Land Building Less: Accumulated depreciation Equipment Less: Accumulated depreciation Patent 500 275 500 450 900 900 (200) (180) 2,500 2,150 (325) (300) 1,000 1,150 $ 5,630 $ 4,880 Liabilities Accounts payable $ 600 400 Accrued liabilities 150 130 Lease liability-land 130 Shareholders' Equity Common stock 3,100 3,000 Paid-in capital-excess of par Retained earnings 750 700 900 650 $ 5,630 $ 4,880