Question: Current Attempt in Progress Presented here are the financial statements of Warner Company. Warner Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash

Current Attempt in Progress Presented here are the financial statements of WarnerCompany. Warner Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash$35.000 $20,000 Accounts receivable 20,000 14,000 Inventory 28,000 20,000 Property, plant, andequipment 60,000 78,000 Accumulated depreciation (32,000 ) (24,000 Total $111,000 $108,000 Liabilities

Current Attempt in Progress Presented here are the financial statements of Warner Company. Warner Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $35.000 $20,000 Accounts receivable 20,000 14,000 Inventory 28,000 20,000 Property, plant, and equipment 60,000 78,000 Accumulated depreciation (32,000 ) (24,000 Total $111,000 $108,000 Liabilities and Stockholders' Equity Accounts payable Income taxes payable Bonds cavable $19,000 $15,000 7,000 8,000 12.000 22.000

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