Question #5: Selected financial statement information and additional data for Diablo Enterprises Go-Kart Corporation is presented below Diablo Enterprises Go-Kart Corporation Balance Sheet and Income Statement Data December 31, December 31, 2020 2019 Current Assets Cash $193,000 $115,000 Accounts Receivable 283,000 316,000 Inventory 306,000 334,000 Total Current Assets 782,000 765,000 Property, Plant, and Equipment 1,241,000 1,122,000 Less: Accumulated Depreciation (476,000) (442,000) 765,000 680,000 Total Assets $1.547.000 $1.445.000 Current Liabilities Accounts Payable Notes Payable Income Taxes Payable Total Current Liabilities Bonds Payable Total Liabilities $165,000 $102,000 I 51,000 68,000 107.000 76,500 323,000 246,500 340,000 391,000 663,000 637,500