You are provided with the following information for Sheffield Enterprises, effective as of its April $30,2022,$ year$-$end.

Accounts payable

$$924$

Accounts receivable

$990$

Accumulated depreciation $$equipment

$670$

Cash

$1,450$

Common stock

$1,440$

Cost of goods sold

$1,150$

Depreciation expense

$245$

Dividends

$415$

Equipment

$2,600$

Income tax expense

$255$

Income taxes payable

$225$