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Edwin incurred, during that same year, salary expense of $34 million, rent expense of $23 million, and utilities expense of $16 million. Edwin declared and

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Edwin incurred, during that same year, salary expense of $34 million, rent expense of $23 million, and utilities expense of $16 million. Edwin declared and paid dividends of $16 million during the year. At December 31, 2021, Edwin had cash of $185 million, accounts receivable of $70 million, property and equipment of $35 million, and other long-term assets of $22 million. At December 31,2021 , the company owed accounts payable of $56 million and had a long-term note payable of $26 million. Edwin began 2021 with a balance in retained earnings of $73 million. At December 31, 2021, Edwin had total stockholders' equity of $230 million, which consisted of common stock and retained earnings. Edwin has a year-end of December 31

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