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Concord Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $38,000 $20,900 Accounts receivable 33,000 19,300 Inventory 30,800 20,500 Property, plant, and equipment

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Concord Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $38,000 $20,900 Accounts receivable 33,000 19,300 Inventory 30,800 20,500 Property, plant, and equipment 59,500 77,500 Accumulated depreciation (29,700 ) (23,400) Total $131,600 $114,800 Liabilities and Stockholders' Equity Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total $28,200 $16,400 7,300 8,500 27,300 33,300 17,000 14,500 51,800 42,100 $131,600 $114,800 Concord Company Income Statement For the Year Ended December 31, 2022 Sales revenue $241,900 Count and b

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