CRANE COMPANY Comparative Balance Sheets December 31 Assets 2022 2021 Cash $36,000 $19,000 Accounts receivable 32,000 18,000 Inventory 29,000 20,000 Property, plant, and equipment 59,000 77,000 Accumulated depreciation (29,000) (23,000) Total $127,000 $111,000 Liabilities and Stockholders' Equity Accounts payable $28,000 $16,000 Income taxes payable 7,000 8,000 Bonds payable 26,000 32,000 Common stock 17,000 13,000 Retained earnings 49,000 42,000 Total $127,000 $111,000