Presented here are the financial statements of Vaughn Company. VAUGHN COMPANY Comparative Balance Sheets December 31 Assets 2022 2021 Cash $36,400 $20,600 Accounts receivable 33,000 18,700 Inventory 29,700 20,000 Property, plant, and equipment 59,800 77,000 Accumulated depreciation (29,700) (23,500) Total $129,200 $112,800 Liabilities and Stockholders' Equity Accounts payable $29,000 $ 16,200 Income taxes payable 7,500 8,300 Bonds payable 27,400 33,000 Common stock 18,600 14,300 Retained earnings 46,700 41,000