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The following data are provided: Cash December 31 2021 2020 $ $ 1650000 980000 Accounts receivable (net) 1500000 1150000 Inventories 2700000 2200000 Plant assets

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The following data are provided: Cash December 31 2021 2020 $ $ 1650000 980000 Accounts receivable (net) 1500000 1150000 Inventories 2700000 2200000 Plant assets (net) 6500000 6400000 Accounts payable 1050000 780000 Income taxes payable 200000 95000 Bonds payable 1300000 1300000

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