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Complete the comparative income statement and balance sheet for Logic Company. Note: Input all answers as positive values except decrease answers which should be indicated by a minus sign. Ro "percent" answers to the nearest hundredth percent. LOGIC COMPANY Comparative Balance Sheet December 31, 2022 and 2023 \begin{tabular}{|c|c|c|c|c|c|c|} \hline & \multicolumn{3}{|c|}{2023} & \multicolumn{3}{|c|}{2022} \\ \hline & & unt & Percent & & ount & Percent \\ \hline \multicolumn{7}{|l|}{ Assets } \\ \hline Currentassets:Cash & \multicolumn{6}{|c|}{ Current assets: } \\ \hline Accounts receivable & $ & 13,000 & & $ & 10,000 & \\ \hline Merchandise inventory & & 17,500 & & & 13,500 & \\ \hline Prepaid expenses & & 9,500 & & & 15,000 & \\ \hline PrepaidexpensesTotalcurrentassets & & 25,000 & & & 11,000 & \\ \hline \multirow{2}{*}{\multicolumn{7}{|c|}{ Plant and equipment: }} \\ \hline Building (net) & & & & & & \\ \hline Building(net)Land & $ & 15,500 & & $ & 12,000 & \\ \hline Total plant and equipment & & 14,500 & & & 10,000 & \\ \hline TotalplantandequipmentTotalassets & $ & 30,000 & & $ & 22,000 & \\ \hline \multirow{2}{*}{\multicolumn{7}{|c|}{ Liabilities }} \\ \hline \multirow{2}{*}{\multicolumn{7}{|c|}{ Current liabilities: }} \\ \hline Accounts payable & & & & & & \\ \hline Salaries payable & $ & 14,000 & & $ & 8,000 & \\ \hline TalanespayabieTotalcurrentliabilities & & 8,000 & & & 6,000 & \\ \hline \multirow{2}{*}{\multicolumn{7}{|c|}{ Long-term liabilities: }} \\ \hline Mortgage note payable & & & & & & \\ \hline Total liabilities & & 23,000 & & & 21,500 & \\ \hline \multicolumn{5}{|l|}{ Stockholders' Equity } & 35,500 & \\ \hline Common stock & $ & 22,000 & & $ & 22000 & \\ \hline Retained earnings & & 28,000 & & & 14,000 & \\ \hline Total stockholders' equity & $ & 50,000 & & $ & 36,000 & \\ \hline Total liabilities and stockholders' equity & $ & 95,000 & & $ & 71,500 & \\ \hline \end{tabular}

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