Presented here are the financial statements of Vaughn Company. VAUGHN COMPANY Comparative Balance Sheets December 31...

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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 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