Wildhorse Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $37,100 $20,100 Accounts receivable 32,900 19,500 Inventory 29,900 20,900 Property, plant, and equipment 59,700 77,500 Accumulated depreciation (29,100 ) (23,400 ) Total $130,500 $114,600 Liabilities and Stockholders' Equity Accounts payable $28,300 $17,000 Income taxes payable 7,000 8,400 Bonds payable 27,300 33,600 Common stock 17,200 14,600 Retained earnings 50,700 41,000 Total $130,500 $114,600