Blue Spruce Corp's comparative balance sheets are presented below. BLUE SPRUCE CORP. Balance Sheets December 31 2022 2021 Cash $12,700 $6,300 Accounts receivable 18,600 26,800 Inventory 13,400 10,400 Land 34,400 30,400 Building 76,400 76,400 Accumulated depreciation (17,400) (14,400) Total 138,100 135,900 Accounts payable 19,700 33,500 Common stock ($5 par) 74,900 74,900 Retained earnings 43,500 27,500 Total 138,100 135,900 Blue Spruce's 2022 income statement included net sales of $124,000, cost of goods sold of $84,000, and net income of $32,000.