Presented here are the financial statements of Larkspur Company. Larkspur Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $37,400 $20,500 Accounts receivable 32,900 18,100 Inventory 30,600 20,000 Property, plant, and equipment 59,700 77,900 Accumulated depreciation (29,100) (23,500) Total $131,500 $113,000 Liabilities and Stockholders' Equity Accounts payable $28,300 $16,500 Income taxes payable 7,500 8,200 Bonds payable 27,900 32,800 Common stock 18,600 14,200 Retained earnings 49,200 41,300 Total $131,500 $113,000