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Sandhill Company reported net income of $195,450 for 2025 . Sandhill also reported depreciation expense of $33,810 and a loss of $5,040 on the disposal
Sandhill Company reported net income of $195,450 for 2025 . Sandhill also reported depreciation expense of $33,810 and a loss of $5,040 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $14,650 for the year, a $16,350 increase in accounts payable, and a $4,030 increase in prepaid expenses
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