SStatement of Financial Position

Cash

Assets

$2023$

$2022$

$$45,000$

$$60,000$

$2021$

$$90,000$

Accounts Receivable

$35,000$

$20,000$

$50,000$

Inventory

$130,000$

$115,000$

$30,000$

Total Current Assets

$210,000$

$195,000$

$170,900$

Property, Plant, Equipment

$380,000$

$400,000$

$300,000$

Accumulated Depreciation

$(75,000)$

$(80,000)$

$(50,000)$

Total Assets

$$515,000$

$$515,000$

$$520,000$

Liabilities and Equity

Accounts Payable

$15,000$

$20,000$

$15,000$

Notes Payable

$5,000$

$100,000$

$255,000$

Total Liabilities

$20,000$

$120,000$

$270,000$

Common Stock

$100,000$

$100,000$

$100,000$

Retained Earnings

$295,000$

$150,000$

Total Equity

$395,000$

$250,000$

Total Liabilities and Equity

$$515,000$

$$520\mathrm{.}000$

I agree not to cheat on this assessment and hand in this paper once I have submitted my work digitallyhare your understanding of 'The science behind personalization.$\text{'}$