A firm's balance sheets as of December $31,2021,$ and $2022$ show the following items:

$2021$:

Cash $=$$$7,916,500$; Account Receivable $=$$$7,000,000$; Inventory $=$ $$3,100,000$; Gross Fixed Assets $=$$$8,834,000$; Accumulated Depreciation $=$$$817,000$; Retained Earnings $=$$$1,991,500$; Capital Surplus $=$$$9,612,000$; Common Stock par