A comparative balance sheet for Skysong Corporation is presented as follows.December $31$Assets$20252024$Cash$ $72,670$$ $22,000$Accounts receivable$84,50068,830$Inventory$182,500191,830$Land$73,500112,830$Equipment$262,500202,830$Accumulated depreciation$-$equipment$(71,500)(44,830)$Total$$604,170$$$553,490$Liabilities and Stockholders' EquityAccounts payable$ $36,500$$ $49,830$