Ivanhoe Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $ 258,560 $ 154,880 Accounts receivable 280,960 121,600 Inventory 360,000 329,120 Prepaid expenses 90,880 83,200 Long-term investments 441,600 348,800 Plant assets 912,000 776,000 Accumulated depreciation (160,000) (166,400) Total $2,184,000 $1,647,200 Liabilities and Stockholders' Equity Accounts payable $ 326,400 $ 215,360 Accrued expenses payable 67,200 52,800 352,000 Bonds payable 467,200 Ivanhoe Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $ 258,560 $ 154,880 Accounts receivable 280,960 121,600 Inventory 360,000 329,120 Prepaid expenses 90,880 83,200 Long-term investments 441,600 348,800 Plant assets 912,000 776,000 Accumulated depreciation (160,000) (166,400) Total $2,184,000 $1,647,200 Liabilities and Stockholders' Equity Accounts payable $ 326,400 $ 215,360 Accrued expenses payable 67,200 52,800 352,000 Bonds payable 467,200