Blossom Company reported the following information for 2017. Blossom Company Comparative Balance Sheets December 31 Assets 2017 2016 Change Increase/Decrease Cash $ 53,860 $ 35,980 $ 17,880 Increase Accounts receivable 61,510 22,220 39,290 Increase Inventory 43,840 0 43,840 Increase Prepaid expenses 5,990 4,000 1,990 Increase Land 54,840 70,560 15,720 Decrease Buildings 199,990 199,990 0 Accumulated depreciationbuildings ( 21,195 ) ( 14,130 ) 7,065 Increase Equipment 183,340 68,180 115,160 Increase Accumulated depreciationequipment ( 27,975 ) ( 10,080 ) 17,895 Increase Totals $ 554,200 $ 376,720 Liabilities and Stockholders Equity Accounts payable $ 43,340 $ 39,900 $ 3,440 Increase Accrued expenses payable 0 10,030 10,030 Decrease Bonds payable 99,810 150,100 50,290 Decrease Common stock ($1 par) 229,810 60,470 169,340 Increase Retained earnings 181,240 116,220 65,020 Increase Totals $ 554,200 $ 376,720