back to UC - Ca... VitalSource Booksh... USE THE FOLLOWING INFORMATION FOR THE REMAINING QUESTION Net income = $52,750 Current year end is 12/31/X7 Comparative balance sheet Cash Accounts receivable Prepaid insurance Land Furniture and Fixtures Accumulated Depreciation F&F 12/31/X7 604,000 208,750 Accounts payable Bonds Payable Dividends 56,000 675,000 33,000 32,000 -0- Equipment Accumulated Deprec. Equip. - 0- 63,000 502,000 16,000 12/31/X6 481,000 103,000 -0- 320.000 33,000 8,000 122,000 22,000 92,000 6,000