Presented here are the financial statements of Concord Company. CONCORD COMPANY Comparative Balance Sheets December 31 Assets 2022 2021 Cash $38,000 $20,900 Accounts receivable 33,000 19,300 Inventory 30,800 20,500 Property, plant, and equipment 59,500 77,500 Accumulated depreciation (29,700) (23,400) Total $131,600 $114,800 Liabilities and Stockholders' Equity Accounts payable Income taxes payable Ponds payable Common stock $28,200 $16,400 7,300 8,500 27,300 33,300 17,000 14,500