Following is a partially completed balance sheet for Epsico Inc. at December 31, 2022, together with comparative data for the year ended December 31, 2021. From the statement of cash flows for the year ended December 31, 2022, you determine the following (amounts in thousands of dollars): Net income for the year ended December 31, 2022, was $312. Dividends paid during the year ended December 31, 2022, were $96. Cash increased $96 during the year ended December 31, 2022. The cost of new equipment acquired during 2022 was $180; no equipment was disposed of. There were no transactions affecting the land account during 2022, but it is estimated that the fair market value of the land at December 31, 2022, is $480.

Required:
Complete the balance sheet at December 31, 2022.

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Assets Current assets: Cash Accounts receivable Inventory Total current assets Land Equipment Less: Accumulated EPSICO INC. Balance Sheets December 31, 2022 and 2021 2022 2021 Total assets $ $ $ depreciation Total land & equipment $ (2,160) 1,512 2,892 $ $360 1,440 2,760 $4,560 $ 300 4,500 (1.920) $2,880 $7,440 Liabilities Current liabilities: Note payable Accounts payable Total current liabilities 2022 $ 588 1,476 $2,064 Long-term debt Total liabilities Stockholders' Equity Common stock Retained earnings Total stockholders' equity $ $ $2,400 Total liabilities and stockholders' equity $ 2021 $ 480 1,320 $1,800 960 $2,760 $2,400 2,280 $4,680 $7,440