FEDERER SPORTS APPAREL Balance Sheet December 31 2022 2021 Amount % Amount % Assets Cash (32.4) Accounts receivable Inventory Buildings Less: Accumulated depreciation $ 3,045,000 1,743,000 3,045,000 15,561,000 (2,394,000) $21,000,000 100.0 X $ 988,000 1,368,000 2,280,000 15,561,000 (1,197,000) $ 19,000,000 Total assets $ 2,337,000 Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity $ 1,827,000 1,827,000 8,778,000 8,568,000 $21,000,000 8,778,000 7,885,000 $ 19,000,000