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Carne Auto Supplies Balance Sheet December 31, 2022 Cash and cash equivalents $70000 Accounts payable $130000 Salaries and wages Accounts receivable 100000 20000 payable

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Carne Auto Supplies Balance Sheet December 31, 2022 Cash and cash equivalents $70000 Accounts payable $130000 Salaries and wages Accounts receivable 100000 20000 payable Inventory 140000 Bonds payable 180000 Prepaid insurance 80000 Total liabilities $330000 Stock investments. 180000 Land 190000 Buildings $230000 Common stock $240000 Less: Accumulated (60000) 170000 Retained earnings 500000 depreciation Total stockholders' Trademarks 140000 $740000 equity Total liabilities and Total assets $1070000 stockholders' $1070000 equity $0 $320000 $180000 $280000

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