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Condensed financial data of Pronghorn Company are as follows. Pronghorn Company Comparative Balance Sheets...

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Accounting

Condensed financial data of Pronghorn Company are as follows.
Pronghorn Company Comparative Balance Sheets December 31,2025
Assets 20252024
Cash $91,210 $47,300
Accounts receivable 90,20057,300
Inventory 127,300102,750
Investments 84,60087,000
Equipment 252,300200,000
Accumulated depreciationequipment (55,500)(44,000)
$590,110 $450,350
Liabilities and Stockholders Equity
Accounts payable $58,500 $48,400
Accrued expenses payable 12,30018,850
Bonds payable 107,50074,000
Common stock 252,000210,000

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