Pharoah Company Comparative Balance Sheets December 31 2025 2024 Assets Cash $ 66,500 $ 38,000 Accounts receivable 38,000 26,600 Inventory 53,200 38,000 Property, plant, and equipment 114,000 148,200 Accumulated depreciation (60,800) (45,600) Total $210,900 $205,200 Liabilities and Stockholders' Equity Accounts payable $ 36,100 $28,500 Income taxes payable 13,300 15,200 Bonds payable 32,300 62,700 Common stock 34,200 26,600 Retained earnings 95,000 72,200 Total $210,900 $205,200