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Current Attempt in Progress The current sections of Swifty Inc's balance sheets at December 31, 2021 and 2022, are presented here. Swifty's net income

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Current Attempt in Progress The current sections of Swifty Inc's balance sheets at December 31, 2021 and 2022, are presented here. Swifty's net income for 2022 was $208,440. The income statement included depreciation expense, $27,000, amortization expense, $10,800, and a gain on disposal of equipment. $7,560. The equipment was sold for $50,760. Swifty also issued bonds for $64,800. 2022 2021 Current assets Cash $450,360 $106,920 Accounts receivable 129,600 100,440 Inventory 171,720 190,080 Prepaid expenses 31,320 25,920 Total current assets $783,000 $423,360 Current liabilities Accrued expenses payable $18,360 $6,480 Accounts payable 95,040 101.520) Total current liabilities $113,400 $108,000 Adjustments to reconcile net income to

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