Cullumber Inc., a greeting card company, had the following statements prepared as of December 31, 2017. CULLUMBER INC. COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2017 AND 2016 12/31/17 12/31/16 Cash Accounts receivable Short-term debt investments (available-for-sale 35,000 17,800 Inventory Prepaid rent Equipment Accumulated depreciation-equipment Copyrights Total assets $5,900 $7,000 51,300 61,500 60,200 4,000 153,400129,000 40,400 5,000 (35,100 ) (25,100) 46,300 49,600 $312,400 $293,800 Accounts payable Income taxes payable Salaries and wages payable Short-term loans payable Long-term loans payable Common stock, $10 par Contributed capital, common stock Retained earnings $46,500 $40,200 6,000 4,000 10,000 68,700 100,000 100,000 30,000 34,900 4,100 8,100 7,900 60,200 30,000 55,600