The current sections of Waterway Inc's balance sheets at December $31,2021$ and $2022,$ are presented here.

Waterway's net income for $2022$ was $$151,500.$ Depreciation expense was $$23,000.$

$\backslash$table$[[,2022,2021],[$Current assets,,$],[$Cash$,$$$100,900,$$$97,800$

WATERWAY INC. Statement of Cash Flows $($Partial$)-$ Indirect Method

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Adjustments to reconcile net income to

The current sections of Waterway Inc's balance sheets at December $31,2021$ and $2022,$ are presented here.

Waterway's net income for $2022$ was $$151,500.$ Depreciation expense was $$23,000.$

$\backslash$table$[[,2022,2021],[$Current assets,,$],[$Cash$,$$$100,900,$$$97,800$