31. Adensed version of the comparative balance sheets for Grouper Corporation for the last two years at December 2020 2019 Cash $265,500 $117,000 Accounts receivable 270,000 277.500 Investments 78,000 111,000 Equipment 447,000 360,000 Accumulated Depreciation-Equipment (159,000) (133,500) Current liabilities 201,000 226,500 Common stock 240,000 240,000 Retained earnings 460,500 265,500 Additional information: Investments were sold at a loss of $5,000; no equipment was sold; cash dividends paid were $45,000; and net income was $240,000.