Current Attempt in Progress Lily Corporation experienced a fire on December 31, 2022, in which its financial records were partially destroyed. It has been able to salvage some of the records and has ascertained the following balances. Cash Accounts receivable (net) Inventory Accounts payable Notes payable

Common stock, $100 par Retained earnings December 31, 2022 $35,000 72,500 197,000 50,000 29,500 390,000 101,000 December 31, 2021 $ 17,500 128,500 180.0 92,000 61,500 390,000 109,000

Additional information: 1. The inventory turnover is 2.3 times. 2. The return on common stockholders' equity is 20%. The company had no additional capital accounts. 3. The accounts receivable turnover is 8.2 times. 4. The return on assets is 12.5%. 5. Total assets at December 31,2021 , were $599,000. Compute the following for Lily Corporation. (a) Cost of goods sold for 2022 $ (b) Net credit sales for 2022 $ (c) Net income for 2022 $ (d) Total assets at December 31,2022 \$