=+Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . 629,680 602,160 ___________ ___________ ___________ ___________

$1,181,040 $1,028,560 ___________ ___________ The following additional information was taken from the records:

a. The investments were sold for $140,000 cash.

b. Equipment and land were acquired for cash.