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AC116 UNIT 9 LAB ASSIGNMENT Question 9 Presented here are the financial statements of Coronado Company. CORONADO COMPANY Comparative Balance Sheets December 31 Assets

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AC116 UNIT 9 LAB ASSIGNMENT Question 9 Presented here are the financial statements of Coronado Company. CORONADO COMPANY Comparative Balance Sheets December 31 Assets 2022 2021 Cash $37,500 $19,100 Accounts receivable 33,000 20,000 Inventory 30,700 20,200 Property, plant, and equipment 59,700 77,100 Accumulated depreciation (29,900) (23,100) Total $131,000 $113,300

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