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GLITTER INC. Condensed Balance Sheet December 31 \table[[,2022,2021,Increase or (Decrease)],[,Amount,Percentage],[Assets],[Current Assets,$106,000,$90,000,$,],[Plant assets...

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Accounting

GLITTER INC.
Condensed Balance Sheet
December 31
\table[[,2022,2021,Increase or (Decrease)],[,Amount,Percentage],[Assets],[Current Assets,$106,000,$90,000,$,],[Plant assets (net),400,000,350,000,,],[Total assets,$506,000,$440,000,$,],[Liabilities,,,,],[Current Liabilities,$99,000,$65,000,$,],[Long-term liabilities,122,000,90,000,,],[Total liabilities,$221,000,$155,000,$,],[Stockholders' Equity],[Common stock, $1 par,130,000,115,000,,],[Retained earnings,155,000,170,000,,],[\table[[Total stockholders'],[equity]],285,000,285,000,,],[\table[[Total liabilities and],[stockholders' equity]],$506,000,$440,000,$,]]
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