Question
Condensed financial data of Bramble Inc. follow. BRAMBLE INC. Comparative Balance Sheets December 31 Assets 2022 2021 Cash $105,400 $48,900 Accounts receivable 91,000 33,700
Condensed financial data of Bramble Inc. follow. BRAMBLE INC. Comparative Balance Sheets December 31 Assets 2022 2021 Cash $105,400 $48,900 Accounts receivable 91,000 33,700 Inventory 111,400 101,900 Prepaid expenses 29,700 25,100 Long-term investments 139,800 114,100 Plant assets 274,500 241,200 Accumulated depreciation (46,900) (51,600) Total $704,900 $513,300 Liabilities and Stockholders' Equity Accounts payable $111,400 $67,300 Accrued expenses payable 16,400 17,300 Bonds payable 119,400 150,000 Common stock 220,100 175,300 Retained earnings 237,600 103,400
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