ACME Incorporated's financial statements showed the following: Balance Sheet Information December 31, 2021 2021 2020 Difference Cash Accounts receivable $235,700 $145,600 $90,100 31,000 44,000 (13,000) Prepaid expenses 61,500 50,000 11,500 Long-term investment 0 14,000 (14,000) Equipment 425,000 365,000 60,000 Accumulated depreciation, equipment (290,000) (210.000) (80.000) Total assets $463,200 $408,600 $54.600 Accounts payable $56,700 $41,200 $15,500 Bonds payable 63,000 0 63,000 Common shares 200,000 200,000 0 Retained earnings 143.500 167.400 (23.900) Total liabilities and shareholders' equity $463,200 $408.600 $54,600