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Film Fan Photo reported the following figures on its December 31,2024, income statement and balance...

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Accounting

Film Fan Photo reported the following figures on its December 31,2024, income statement and balance sheet: (Click the icon to view the figures.)]
Data table
\table[[Net sales,$,440,000,],[Dec.31,2024,Dec. 31,2023],[Cash,$,30,000,27,000],[Accounts Receivable,,48,000,56,000],[Merchandise Inventory,,74,000,82,000],[Prepaid Expenses,,13,000,8,000],[Property, Plant, and Equipment, net,,145,000,20,000]]
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