Wrap-Up 775 Revenue For the December 31,2021 Year Ending December For the December Year Ending December 31, 2022 Assets 31,2021 31, 2022 Net Patent Service Revenue Current Assets Tetal Operating Revenue $5,000,000 $5.200.000 Cash $300,000 $400 000 +50,000 690,000 Operating Expenses inventories 25,000 40.000 Salaries and wages $3,500,000 $470.000 Prepaid 10.000 12.000 Insurance Fringe benefits 100,000 Total Cent $75,000 $942,000 Anets Supplies 500.000 510.000 Property Plan & Equipment Depreciation 30-000 30.000 Equ $200,000 $220,000 Interest 25000 Buildings 375.000 350,000 Tetal Operating Expenses $4455.000 $900,000 Land 200.000 Nat Property $775,000 $770,000 Plant & Equipment Income from Operations $345,000 $300.000 Investments $22.000 $12.000 Total Asses $1,602,000 $1.754,000 Nonoperating Gains Losses! Investment Income -$15.00 Liabilities Net Nonoperating Gen $10.000 -$15.000 Current Labioties Current $40,000 $40,000 maturites af Ang-term des Net Income $355.000 $395.000 Accounts 25.000 30.000 payetle Total Current $5,000 70,000 Liabilities inues!