Problem $1.$

Here are comparative balance sheets and an income statement:

$\backslash$table$[[,\backslash$table$[[$Decem$],[2023]],\backslash$table$[[31],[2022]],,],[$Cash$,305,500,,],[$Accounts Receivable,$1300,1600,,],[$Inventory$,650,750,,],[$Equipment $($net$),{2500}_{?},{2100}_{?},,],[$Total Assets,$4755,4950,\backslash$table$[[$Sales$],[$coGS$]],\backslash$table$[[8000],[-4500]]],[$rateres$,,,$Wages,$-1800],[$Accounts Payable,$460,760,$Depreciation,$-500],[$Long Term Debt,$2800,2800,\backslash$table$[[$Selling and Admin$],[$Interest$]],\backslash$table$[[-850],[-200]]],[$Capital Stock,$1200,1200,$Pretax Income,$150],[$Retained Earning,${295}_{?},{190}_{?},$Taxes $30\%,{45\mathrm{.}00}_{?}$