WILDHORSE COMPANY Income Statements For the Years Ended December 31 \begin{tabular}{lrc} \hline Sales revenue & 2022 & 2021 \\ \hline S. of goods sold & $900,000 & $796,400 \\ \hline \end{tabular} Additional information: 1. Inventory at the beginning of 2021 was $117,000. 2. Accounts receivable (net) at the beginning of 2021 were $90,000. 3. Total assets at the beginning of 2021 were $634,000. 4. No common stock transactions occurred during 2021 or 2022. All sales were on account. Current Attempt in Progress The following financial information is for Wildhorse Company. WILDHORSE COMPANY Income Statements For the Years Ended December 31 \begin{tabular}{lrc} \hline Sales revenue & 2022 & 2021 \\ \hline S. of goods sold & $900,000 & $796,400 \\ \hline \end{tabular} Additional information: 1. Inventory at the beginning of 2021 was $117,000. 2. Accounts receivable (net) at the beginning of 2021 were $90,000. 3. Total assets at the beginning of 2021 were $634,000. 4. No common stock transactions occurred during 2021 or 2022. All sales were on account. Current Attempt in Progress The following financial information is for Wildhorse Company