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Vaughn Manufacturing compiled the following financial information as of December 31, 2022: Service revenue Common stock Equipment Salaries and wages expense Rent expense Depreciation expense

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Vaughn Manufacturing compiled the following financial information as of December 31, 2022: Service revenue Common stock Equipment Salaries and wages expense Rent expense Depreciation expense Cash Dividends Supplies Accounts payable Accounts receivable Retained earnings, 1/1/22 $1186000 243000 322000 366000 91500 457500 279000 84000 38000 173000 123500 580000 Vaughn's total assets at December 31, 2022 are: $1948500 $644000 $1342500. $762500

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