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Splish Brothers Inc. compiled the following financial information as of December 31, 2022: Service revenue $840000 Common stock 178000 Equipment 248000 Operating expenses 732000 Cash
Splish Brothers Inc. compiled the following financial information as of December 31, 2022:
Service revenue | $840000 |
Common stock | 178000 |
Equipment | 248000 |
Operating expenses | 732000 |
Cash | 221000 |
Dividends | 64000 |
Supplies | 38000 |
Accounts payable | 109000 |
Accounts receivable | 88000 |
Retained earnings, 1/1/22 | 447000 |
Splish's stockholders equity on December 31, 2022 is:
$731000.
$669000.
$485000.
$631000
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