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AC116 Unit 10 Lab Assignment Question 7 of 7 < > Comparative Balance Sheets December 31 Assets Cash 2022 2021 $37,400 $19,100 Accounts receivable

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AC116 Unit 10 Lab Assignment Question 7 of 7 < > Comparative Balance Sheets December 31 Assets Cash 2022 2021 $37,400 $19,100 Accounts receivable 32,000 19,700 Inventory 29.600 20,100 Property, plant, and equipment 59,600 78,000 Accumulated depreciation (29,600) (23,500) Total $129,000 $113,400 Liabilities and Stockholders' Equity Accounts payable $28,100 $16,000 Income taxes payable 7,000 8,100 Bonds payable 27,400 32.200 Common stock 18,300 13,300 Retained earnings 48.200 43 800 -19 E B

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