1. Solve changes column

Victor Company Comparative Balance Sheet 2014 2013 Changes ASSETS Cash $ 140.350 Accounts receivable (net) 95,300 Inventories 165,200 Prepaid expenses 6,240 Investments (long-term) 35,700 Land 75,000 Buildings 375,000 Accumulated depreciation-buildings _71,300) Machinery and equipment 428,300 Accumulated depreciation- _148,500) Patents 58,000 $ 95,900 102,300 157,900 5,860. 84,700 90,000 260,000 (58,300) 428,300 (138,000) 65,000 Total assets $1,159,290 $1,093,660 LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable (merchandise creditors) $ 43,500 Accrued expenses (operating expenses) 14,000 Income taxes payable 7,900 Dividends payable 14,000 Mortgage note payable, due 2017 40,000 Bonds payable 150,000 Common stock 450,000 Additional paid in capital-common stock 66,250 Retained earnings 373,640 $ 46,700 12,500 8,400 10,000 0 250,000 375,000 41,250 349,810 Total liabilities and stockholders' equity $1,159,290 $1,093,660