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. Assets Cash METAGROBOLIZE INDUSTRIES Comparative Balance Sheets December 31, 2021 and 2020 ($ in thousands) Accounts receivable Inventory Land Building Less: Accumulated depreciation Equipment Less: Accumulated depreciation Patent Liabilities Accounts payable Accrued liabilities 2021 2020 $ 530 $ 255 650 340 800 425 600 555 900 900 (200) (175) 3,250 3,050 (460) (420) 1,500 1,650 $ 7,570 $ 6,580 $ 900 $ 600 300 245 Lease liability-land 130 Shareholders' Equity Common stock Paid-in capital-excess of par 3,620 550 3,500 Retained earnings 2,070 $ 7,570 445 1,790 $ 6,580