Presented here are the financial statements of Waterway Company. WATERWAY COMPANY Comparative Balance Sheets December 31 Assets 2022 2021 Cash $38,000 $21,000 Accounts receivable 32,900 19,500 Inventory 30,600 20,300 Property, plant, and equipment 59,400 77,700 Accumulated depreciation (30,000) (23,200) Total $130,900 $115,300 Liabilities and Stockholders' Equity Accounts payable Income taxes payable Bonds payable Common stock $28,600 $ 16,700 7,000 8,100 27,600 32,000 18,600 13,700