Waterway Company has these comparative balance sheet data: Waterway Company Balance Sheets December 31 2022 2021...

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Waterway Company has these comparative balance sheet data: Waterway Company Balance Sheets December 31 2022 2021 Cash $15,000 $31,000 Accounts receivable (net) 69,000 60,000 Inventory 61,000 50,000 Plant assets (net) 200,000 183,000 $345,000 $324,000 Accounts payable $50,000 $59,500 Bonds payable (15%) 101,500 101,500 Common stock, $10 par 143,500 116,500 Retained earnings 50,000 46,500 $345,000 $324,000 Waterway Company has these comparative balance sheet data: Waterway Company Balance Sheets December 31 2022 2021 Cash $15,000 $31,000 Accounts receivable (net) 69,000 60,000 Inventory 61,000 50,000 Plant assets (net) 200,000 183,000 $345,000 $324,000 Accounts payable $50,000 $59,500 Bonds payable (15%) 101,500 101,500 Common stock, $10 par 143,500 116,500 Retained earnings 50,000 46,500 $345,000 $324,000