Taylor Company reports net income of $$500,000$ and Depreciation Expense of $$16,000$ for the year ending December $31,2023$ No long $-$term assets were sold or exchanged during $2023$ They also have the following data available.

$\backslash$table$[[,$December $31,2023,$December $31,2022],[$Current Assets:,$$90,000,$$$80,000$