SW Company provides the Equity & Liability information below for analysis. SW Company had net income of $392,900 in 2023 and $311,800 in 2022. Equity and Liabilities Share capital-common (143,100 shares issued) Retained earnings (Note 1) Accrued liabilities Notes payable (current) Accounts payable Total equity and liabilities 2023 2022 $1,471,500 $1,471,500 382,200 9,100 75,100 59,500 $1,997,400 260,400 5,600 66,700 187,700 $1,991,900 Note 1: Cash dividends were paid at the rate of $1 per share in 2022 and $2 per share in 2023.

SW Company provides the Equity & Liability information below for analysis. SW Company had net income of $392,900 in 2023 and $311,800 in 2022 Share capital-common (143,100 shares issued) Equity and Liabilities Retained earnings (Note 1) Accrued liabilities Notes payable (current) Accounts payable Total equity and liabilities 2023 $1,471,500 $1,471,500 2022 382,200 260,400 9,100 5,600 75,100 66,700 59,500 187,700 $1,997,400 $1,991,900 Note 1: Cash dividends were paid at the rate of $1 per share in 2022 and $2 per share in 2023.