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The following data are provided: Cash December 31 2021 2020 $ $ 1600000 980000 Accounts receivable (net) 1650000 1150000 Inventories 2450000 2250000 Plant assets

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The following data are provided: Cash December 31 2021 2020 $ $ 1600000 980000 Accounts receivable (net) 1650000 1150000 Inventories 2450000 2250000 Plant assets (net) 6000000 6450000 Accounts payable 1000000 780000 Income taxes payable 205000 110000 Bonds payable 1450000 1450000

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