Vaughn Company's income statement contained the following condensed information.

VAUGHN COMPANY Income Statement For the Year Ended December $31,2022$

Service revenue

$$970,800$

Operating expenses, excluding depreciation

Depreciation expense

Loss on disposal of plant assets

Income before income taxes

Income tax expense

Net income

Vaughn's balance sheets contained the comparative data at December $31,$ shown below.

$\backslash$table$[[,2022,2021],[$Accounts receivable,$$75,300,$$$59,300$