Comparative balance sheet accounts of Novak Inc. are presented below. NOVAK INC. COMPARATIVE BALANCE SHEET ACCOUNTS AS OF DECEMBER 31, 2017 AND 2016 December 31 Debit Accounts 2017 2016 Cash $42,200 $33,400 59,900 Accounts Receivable 70, 100 Inventory 30,000 24,300 38,200 22,400 Equity investments Machinery 29,800 18,800 Buildings 67,200 56,300 7.500 7.500 Land $269,200 $238,400 Credit Accounts Allowance for Doubtful Accounts $2,300 $1,600 Accumulated Depreciation-Machinery 5,700 2,200 9,000 Accumulated Depreciation-Buildings 13,300 Accounts Payable 34,700 24,700 Accrued Payables 3,300 2,600 21,100 Long-Term Notes Payable 30,900 Common stock, no-par 150,000 125,000 38,800 42,400 Retained Earnings $269,200 $238,400