Presented here are the financial statements of Vaughn Company. Assets Cash Accounts receivable Inventory Property, plant, and equipment Accumulated depreciation Total Liabilities and Stockholders' Equity Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total VAUGHN COMPANY Comparative Balance Sheets December 31 Sales revenue Cost of goods sold Gross profit Selling expenses Administrative expenses Income from operations Interest expense Income before income taxes Income tax expense Net income 2022 $18,075 $36,400 33,000 29,700 6,025 59,800 (29,700) $129,200 VAUGHN COMPANY Income Statement For the Year Ended December 31, 2022 $29,000 7,500 27,400 18,600 $129,200 46,700 $242,900 175,200 67,700 24,100 43,600 3,500 40,100 8,020 $32,080 2021 $20,600 18,700 20,000 77,000 (23,500) $112,800 $ 16,200 8,300 33,000 14,300 41,000 $112,800

Adstionul data 1. Deproutionesenvewas $15,700 3. Conmositock wosked at pue tor cish. or in perenchites (isooci) NGutments torecorcle net incame to Presented here are the financlas statements of Voaghn Compary