SHERIDAN INC. Comparative Balance Sheets December 31 Assets 2022 2021 Cash $119,400 $47,400 Accounts receivable 92,500 32,000 Inventory 112,600 102,600 Prepaid expenses 29,100 25,300 Long-term investments 140,600 114,700 Plant assets 274,200 243,000 Accumulated depreciation (46,400) (51,600) Total $722,000 $513,400 Liabilities and Stockholders' Equity Accounts payable $111,700 $68,000 Accrued expenses payable 16,300 17,500 Bonds payable 115,300 149,100 Common stock 220,000 175,100