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 Land Assets Cash Accounts receivable Inventory Building $ 405 $ 245 350 190 500 275 500 450 900 900 Less: Accumulated depreciation (200) (180) Equipment 2,500 2,150 Less: Accumulated depreciation (325) (300) Patent 1,000 1,150 $ 5,630 $ 4,880 Liabilities Accounts payable 600 $ 400 Accrued liabilities Lease liability-land Shareholders' Equity Common stock 150 130 130 3,100 3,000 Paid-in capital-excess of par Retained earnings 750 900 700 650 $ 5,630 $ 4,880