Question: DONT LE PRARHIJALNI Progress Selected comparative statement data for Swifty Company are presented below. All balance sheet data are as of December 31. 2020

DONT LE PRARHIJALNI Progress Selected comparative statement data for Swifty Company are presented below. All balance sheet data are as of December 31. 2020 2019 Net sales $1,184,000 $1,141,000 Cost of goods sold 686,000 645,000 Interest expense 15,000 10,000 Net income 153,920 138,000 Accounts receivable 142.000 117,000 Inventory 102,000 97,000 Total assets 770,000 710,000 Preferred stock (6%) 197,000 197,000 Total stockholders' equity 625,000 518.000
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