DeBauge Realtors Incorporated is a realty firm owned by Jeff and Kristi DeBauge. The DeBauge family owns 100% of the corporation's stock. The following summarized data (in thousands) are taken from the December 31, 2022, financial statements: For the Year Ended December 31, 2022: Commissions revenue $ 141 Cost of services provided 61 Advertising expense 29 Operating income $ 51 Interest expense 6 Income tax expense 16 Net income $ 29 At December 31, 2022: Assets Cash and short-term investments $ 34 Accounts receivable, net 43 Property, plant, and equipment, net 122 Total assets $ 199 Liabilities and Stockholders' Equity Accounts payable $ 96 Income taxes payable 8 Notes payable (long term) 45 Paid-in capital 23 Retained earnings 27 Total liabilities