Condensed financial data of Bonita Industries follow. Bonita Industries Comparative Balance Sheets December 31 Assets 2022 2021 Cash $ 64,640 $38,720 Accounts receivable 70,240 30,400 Inventory 90,000 82,280 Prepaid expenses 22,720 20,800 Long-term investments 110,400 87,200 Plant assets 228,000 194,000 Accumulated depreciation (40,000) (41,600) Total $546,000 $411,800 Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable $ 81,600 $53,840 13,200 16,800