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Condensed financial data of Sandhill Co. follow. Sandhill Co. Comparative Balance Sheets December 31 Assets 2022 2021 Cash $193,920 $ 116,160 Accounts receivable 210,720

Condensed financial data of Sandhill Co. follow. Sandhill Co. Comparative Balance Sheets December 31 Assets 2022 2021 Cash $193,920 $ 116,160 Accounts receivable 210,720 91,200 Inventory 270,000 246,840 Prepaid expenses 68,160 62,400 Long-term investments 331,200 261,600 Plant assets 684,000 582,000 Accumulated depreciation (120,000 ) (124,800 ) Total $1,638,000 $1,235,400

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