Lincoln Company Comparative Balance sheets December 31. 2003 Decem ber 31. 2002 Assets Amoun Common-Size Statements Current assets $550000483%$533000433% Long-term investments 950008.3 177,500144 Fixed assets(net) 444,500390 470,000382 Intangible assets 5000044 50,000 4.1 $1,139500100.0%$1,230,500100.0% Liabilities Current liabilities $210,000184%$243,00019.7% Long-term liabilities 100,00088 200,00016.3 $310000272%$443,000360% Stockholders'Equity Preferred stock,$100pa$15000013.,2%$15000122% Common stock, $10 par 500000439 500000406 Retained earnings 179,500157 137,50011.2 829500728%$787,500640% $1139500100.0%$1230500100.0% c15-9C15- 9 Lincoln Company Comparative Balance Sheets Assets Current assets $ 550,000 48.3% $ 533,000 43.3% Long-term investments 95,000 8.3 177,500 14.4 Fixed assets (net) 444,500 39.0 470,000 38.2 Intangible assets 50,000 4.4 50,000 4.1 $1,139,500 100.0% $1,230,500 100.0% Liabilities Current liabilities $ 210,000 18.4% $ 243,000 19.7% Long-term liabilities 100,000 8.8 200,000 16.3 $310,000 27.2% $ 443,000 36.0% Stockholders’ Equity Preferred stock, $100 par $ 150,000 13.2% $ 150,000 12.2% Common stock, $10 par 500,000 43.9 500,000 40.6 Retained earnings 179,500 15.7 137,500 11.2 $829,500 72.8% $787,500 64.0% $1,139,500 100.0% $1230,500 100.0% December 31, 2003 December 31, 2002 Amount Percent Common-Size Statements Amount Percent