CAL ES Exercise 23-14 Whispering Inc., a greeting card company, had the following statements prepared as of December 31, 2017. WHISPERING INC COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2017 AND 2016 12/31/17 12/31/16 $6,100 $6,900 61,900 50,500 Short-term debt investments (available-for-sale) 34,800 18,200 9,900 59,800 4,900 4,000 55,500 131,200 Cash Accounts receivable udy Inventory Prepaid rent Equipment Accumulated depreciation-equipment Copyrights Total assets (34,800) (25,300) 45,700 50,200 $314,000 $295,500 $46,200 $39,700 4,000 6,100 7,900 4,000 7,900 10,000 59,800 68,600 100,000 100,000 Accounts payable Income taxes payable Salaries and wages payable Short-term loans payable Long-term loans payable Common stock, $10 par 8