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Your answer is partially correct. The comparative balance sheets for Marin Company appear below: MARIN COMPANY Comparative Balance Sheet Assets Dec. 31, 2025 Dec. 31,
Your answer is partially correct. The comparative balance sheets for Marin Company appear below: MARIN COMPANY Comparative Balance Sheet Assets Dec. 31, 2025 Dec. 31, 2024 Cash $38,700 $18,500 Accounts receivable 19,500 12,500 Inventory 26,100 16,700 Prepaid insurance 7,300 9,300 Stock investments -0- 17,900 Equipment 84,000 42,000 Accumulated depreciation-equipment (18,000 ) (13,000 ) Total assets $157,600 $103,900 Liabilities and Stockholders' Equity Accounts
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