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Presented below is the comparative balance sheet for Indigo Company. Indigo Company Comparative Balance Sheet As of December 31, 2021 and 2020 December 31 2021
Presented below is the comparative balance sheet for Indigo Company. Indigo Company Comparative Balance Sheet As of December 31, 2021 and 2020 December 31 2021 2022 Assets Cash $178,600 $274,000 Accounts receivable (net) 220,900 155,100 Short-term investments 272,700 150,900 Inventories 1,062,500 985,400 Prepaid expenses 24,700 24,700 Plant & equipment 2,578,600 1,957,600 Accumulated depreciation (995,300) (748,600) $3,342,700 $2,799,100 Liabilities and Stockholders' Equity Accounts payable Accrued expenses Bonds payable Capital stock Retained earnings $50,100 169,000 448,900 2,095,300 579,400 $3,342,700 $74,600 199,400 189,100 1,785,200 550,800 $2,799,100 (a) Prepare a comparative balance sheet of Indigo Company showing the percent each item is of the total assets or total liabilities and stockholders' equity. (Round percentages to 2 decimal places, e.g. 2.25%.) INDIGO COMPANY Comparative Balance Sheet December 31, 2021 and 2020 December 31 Assets 2021 2020 Cash $178,600 % $274,000 220,900 % 155,100 Accounts receivable (net) Short-term investments 272,700 % 150,900 INDIGO COMPANY Comparative Balance Sheet December 31, 2021 and 2020 December 31 Assets 2021 2020 Cash $178,600 % $274,000 220,900 % 155,100 Accounts receivable (net) Short-term investments 272,700 % 150,900 Inventories 1,062,500 % 985,400 . 24,700 % 24,700 Prepaid expenses Plant and equipment Accumulated depreciation 2,578,600 % 1,957,600 (995,300) % (748,600) Total $3,342,700 % $2,799,100 % $74,600 Liabilities and Stockholders' Equity Accounts $50,100 payable Accrued 169,000 expenses Bonds 448,900 payable % 199,400 % 189,100 Capital stock 2,095,300 % 1,785,200 Retained earnings 579,400 % 550.800 Total $3,342,700 % $2,799,100 e Textbook and Media Save for Later Attempts: 0 of 3 used Submit
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