Ch12 HW Question 4 of 4 < > Blossom Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $ 98,000 $56,000 Accounts receivable 56,000 39,200 Inventory 78,400 56,000 Property, plant, and equipment 168,000 218,400 Accumulated depreciation (89.600 ) (67,200) Total $310,800 $302,400 Liabilities and Stockholders' Equity Accounts payable $53,200 $42,000 Income taxes payable 19,600 22,400 Bonds payable 47,600 92,400 Common stock 50,400 39,200 Retained earnings 140,000 106,400 Total $310,800 $302,400