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Required information [The following information applies to the questions displayed below.) Income statement and balance sheet data for Great Adventures, Inc., are provided below. $176,690

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Required information [The following information applies to the questions displayed below.) Income statement and balance sheet data for Great Adventures, Inc., are provided below. $176,690 240 GRENT ADVENTURES, TINC. Income Statement Por the year ended December 31, 2022 Net sales revenues Interest revenue Expenses: Cost of goods sold $39, 100 Operating expenses 58, 720 Depreciation expense 17,850 Interest expense 8,281 Income tax expense 15,100 Total expenses Net income 139,051 $ 37,879 GREAT ADVENTURES, INC. Balance Sheets December 31, 2022 and 2021 2022 2021 $ Assets Current assets Cash Accounts receivable Inventory Other current assets Long-term assets. 231, 844 48,680 8,200 1,020 $ 64,620 0 0 4.980 Next > 10

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