A comparative balance sheet for Sandhill Corporation is presented below. Assets Cash Accounts receivable Inventory Land Equipment Accumulated depreciation-equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total December 31 2020 2019 $81,600 $26,400 98,400 79,200 204,000 226,800 85,200 132,000 336,000 240,000 (88,800) (50,400) $716,400 $654,000 $40.800 180,000 196,800 298,800 $716,400 $56,400 240,000 196,800 160,800 $654,000 A comparative balance sheet for Sandhill Corporation is presented below. Assets Cash Accounts receivable Inventory Land Equipment Accumulated depreciation-equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total December 31 2020 2019 $81,600 $26,400 98,400 79,200 204,000 226,800 85,200 132,000 336,000 240,000 (88,800) (50,400) $716,400 $654,000 $40.800 180,000 196,800 298,800 $716,400 $56,400 240,000 196,800 160,800 $654,000