=+Problems Series B The comparative balance sheet of House Construction Co. for June 30, 2010 and 2009, is as follows:

June 30, 2010 June 30, 2009 Assets Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 41,600 $ 28,200 Accounts receivable (net). . . . . . . . . . . . . . . . . . . . 121,900 110,700 Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 175,600 170,500 Investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 60,000 Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 174,000 0 Equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 258,000 210,600 Accumulated depreciation . . . . . . . . . . . . . . . . . . . (58,300) (49,600) ________ _________