Cash Accounts receivable Land Buildings Accumulated depreciation-buildings Accounts payable Common stock Retained earnings Total Total 1. SHEFFIELD CORPORATION Comparative Balance Sheets December 31 Additional information: 2. 3. 2022 $14,200 21,700 20,200 69,800 (15,200) $110,700 $11,800 75,200 23,700 $110,700 2021 $10,500 23,500 26,500 69,800 (11,000) $119,300 $31,600 68,200 19,500 $119,300 Net income was $22,200. Dividends declared and paid were $18,000. No noncash investing and financing activities occurred during 2022. The land was sold for cash of $4,700.

Additional information: 1. Net income was $22,200. Dividends declared and paid were $18,000, 2. No noneash investing and financing activities occurred during 2022. 3. The land was sold for cash of $4,700 (b) The parts of this question must be completed in order. This part will be avallable when you complete the part above