Lisa had a formidable task ahead of her; she wanted to prepare an income statement, statement of retained earnings and a balance sheet for the year ended or as of September $30,2022,$ whichever was appropriate. In order to prepare these statements, Lisa had assembled information from the accountant, the bank and various departments within the company. She had only $50$ minutes to complete the work before her meeting and so she began in a fury.Lisa noted with pride that her company had achieved sales of $$4,870,000,$ of which only $$1,030,000$ had not been collected. To provide this sales level, $$3,300,000$ worth of goods had been purchased throughout theyear, of which only $$680,000$ had not been paid for yet.At the beginning of the year, Lisa had noted that there was $$820,000$ worth of goods in the storerooms and she wondered how much money was invested in the inventory currently on hand.Lisa thought back to her initial decision to purchase the company and remembered that she had paid $$250,000$ over the book value of the company for a number of reasons. The land was listed at $$600,000$ and the building and equipment were listed at a cost of $$800,000.$While leafing through the accountant's notes, Lisa surmised that, as of September $30,2021,$ accumulated depreciation on the building and equipment was $$100,000.$ In addition, as of September $30,2022,$ marketable securities totalled $$600,000$ and outstanding liabilities included notes payable of $$670,000$ and the current portion of the long$-$term debt of $$100,000.$ Finally, for the fiscal year ending September $30,2022,$ generaland administrative expenses were $$1,300,000$ and the depreciation expense was $$50,000.$While trying to sort through all of the information, Lisa noted from the bank statements that the long$-$term portion of the mortgage loan was $$1,130,000$ and the due to shareholders loans $(5$ per cent due $2024)$ were at $$340,000$Lisa knew she couldn't forget about taxes; the company had incurred an income tax expense of $$80,000$ of which $$30,000$ was outstanding.Page $12$ of $344$Page $29$A$89$J$012$In addition, Lisa wanted to satisfy her shareholders and, therefore, she paid $$30,000$ in dividends to the holders of the $$300,000$ in common stock.Finally, Lisa had made some headway; for the year ending September $30,2022,$ net income afler tax was $$230,000,$ net operating profit was $$310,000$ and gross profit was $$1,660,000$; as of September $30,2022,$ retained carmings were $$810,000$ and total liabilities and shareholder's equity were $$4,060,000$One last question still plaguing Lisa was how much cash the company had as of September $30,2022$