· Period 1 Balance Sheet (Dec 31, 2022):

• Current Assets: $150,000
• Current Liabilities: $80,000

· Period 2 Balance Sheet (Dec 31, 2023):

• Current Assets: $180,000
• Current Liabilities: $100,000

·Analyze Property, Plant, and Equipment (PP&E): Requirements:

• Examine the property, plant, and equipment (PP&E) section of a balance sheet.
• Discuss the depreciation methods used and their impact on the carrying value of PP&E.
• Explain how changes in PP&E values can reflect capital expenditure decisions and operational investments.