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The following financial information is for Blossom Company. BLOSSOM COMPANY Balance Sheets December 31 Assets Cash 2022 2021 $ 69,000 $ 64,000 Debt investments

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The following financial information is for Blossom Company. BLOSSOM COMPANY Balance Sheets December 31 Assets Cash 2022 2021 $ 69,000 $ 64,000 Debt investments (short-term) Accounts receivable 50,000 39,000 103,000 89,000 Inventory 229,000 162,000 Prepaid expenses 22,000 22,000 Land 129,000 129,000 Building and equipment (net) 259,000 183,000 Total assets $861,000 $688,000

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