Content Attempt in Progress Your answer is partially correct. Waterway Corporation experienced a fire on December 31, 2022, in which its financial records were partially destroyed. It has been able to salvage some of the records and has ascertained the following balances. December 31. 2022 December 31, 2021 Cash $32,000 $16,500 Accounts receivable (net) 73,000 120,500 Inventory 208,000 183,000 Accounts payable 51,500 94.000 Notes payable 32,000 60,000 Common stock, $100 par 417,000 417,000 Retained earnings 118,000 106,000 Additional information: tspace.com/d2/e/co 690/ViewContent/14257184/View