The current sections of Metlock Marine Inc.'s balance sheets at December 31, 2021 and 2022, are presented here. Metlock Marine's net income for 2022 was $365,000. Depreciation expense was $39,800. 2022 2021 Current assets Cash $182,000 $94,400 Accounts receivable 97,700 87,600 Inventory 168,900 170,700 Prepaid insurance 30,000 21,600 Total current assets $478,600 $374,300 Current liabilities Interest payable $13,800 $7,300 Accounts payable 81,700 98,000 Total current liabilities $95,500 $105,300