Current assets $2,82,000 Current liabilities $1,80,000 Land 36,000 Bonds payable 1,20,000 Buildings 1,44,000 Common stock 2,16,000 Equipment 1,08,000 Retained earnings 52,800 Accumulated depreciation-buildings (36,000) ----------------------------- ------------ Accumulated depreciation-equipment (13,200) ----------------------------- ------------ Patents 48,000 ----------------------------- ------------ Total $5,68,800 Total $5,68,800 The following information is available for 2018: 1) Treasury stock was purchased at a cost of $13,200. 2) Cash dividends of $36,000 were declared and paid. 3) A long-term investments in stock was purchased for $19,200. 4) Current assets other than cash increased by $34,800. Current liabilities increased by $15,600. 5) Depreciation expense was $4,800 on the building and $10,800 on equipment. 6) Net income was $66,000. 7) Bonds payable of $60,000 were issued. 8) An addition to the building was completed at a cost of $32,400. 9) Patent amortization was $3,000. 10) Equipment (cost $24,000 and accumulated depreciation $9,000) was sold for $12,000. Instructions: Prepare a balance sheet at December 31, 2018.