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The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for Wright Company Additional information from Wright's

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The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for Wright Company Additional information from Wright's accounting records is provided also. 2920 $ 116 RIGHT COMPANY Comparative Balance Sheets December 31, 2021 and 2020 (5 in thousands) 2021 Assets Cash $ 10) Accounts receivable 116 Short-term investment 55 Inventory Land 86 Buildings and equipment 630 Less: Accumulated depreciation (169) $ 939 Liabilities Accounts payable $ Salaries payable 3 Interest payable Income tax payable 9 Notes payable Bonds payable e Shareholders' Equity 246 Con stock Pald.in capital-excess of par 330 Retained earning 123 135 5939 25 120 26 115 tes 490 (120 811 $ 44 5 5 12 190 290 145 311 Sales en Expenses: Cost of pods sold Salarie expense Depreciation expense Teterest eens LOSS ole of Land $ 22e 33 12 LE Additional information from the accounting records The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for Wright Company Additional information from Wright's accounting records is provided also. 2920 $ 116 RIGHT COMPANY Comparative Balance Sheets December 31, 2021 and 2020 (5 in thousands) 2021 Assets Cash $ 10) Accounts receivable 116 Short-term investment 55 Inventory Land 86 Buildings and equipment 630 Less: Accumulated depreciation (169) $ 939 Liabilities Accounts payable $ Salaries payable 3 Interest payable Income tax payable 9 Notes payable Bonds payable e Shareholders' Equity 246 Con stock Pald.in capital-excess of par 330 Retained earning 123 135 5939 25 120 26 115 tes 490 (120 811 $ 44 5 5 12 190 290 145 311 Sales en Expenses: Cost of pods sold Salarie expense Depreciation expense Teterest eens LOSS ole of Land $ 22e 33 12 LE Additional information from the accounting records

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