2. The following information is available for the Aarons Aarons Corportion Balance Sheets Al December 31 201 2014 Cash Accounts receivable Merchandise inventory Long-term investments 24,640 32,180 73,125 $23,040 29,400 61,710 56 175,500 145,500 Accumulated depreciation Total assets $327,79 Accounts payable ncome taxes payable Bonds payable $65,000 $40,380 10, 48 124,475 10,200 Total labilties $116,580 Common stock Paid-in capital in excess of par Retained eamings 17,000 3,000 Total equity $203,320 Total liabilities and equty Aarons Corporation Income Statement For Year Ended December 31, 2013 $240,000 Sales Cost of goods sold Depreciation expense $80,900 20,00 2. The following information is available for the Aarons Aarons Corportion Balance Sheets Al December 31 201 2014 Cash Accounts receivable Merchandise inventory Long-term investments 24,640 32,180 73,125 $23,040 29,400 61,710 56 175,500 145,500 Accumulated depreciation Total assets $327,79 Accounts payable ncome taxes payable Bonds payable $65,000 $40,380 10, 48 124,475 10,200 Total labilties $116,580 Common stock Paid-in capital in excess of par Retained eamings 17,000 3,000 Total equity $203,320 Total liabilities and equty Aarons Corporation Income Statement For Year Ended December 31, 2013 $240,000 Sales Cost of goods sold Depreciation expense $80,900 20,00