eBook Show Me How Calculator 20Y9 20Y8 Assets Cash Accounts recelvable (net) Inventories Investments Land Equipment $254,810 $234,850 92,310 84,350 260,580 249,740 0 96,750 133,660 287,510 220,790 (67,310) (59,540) Total assets $961,560 $826,940 Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable Dividends payable Common stock, $10 par Paid-in capital: Excess of issue price over par-common stock Retained earnings $174,040 $162,910 17,310 21,500 7,440 40,520 195,200 112,460 513,470 482,110 $961,560 $826,940 9,620 51,920 Total liabilities and stockholders' equity Additional data obtained from an examination of the accounts in the ledger for 20Y9 are as follows: a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year c. The investments were sold for $87,080 cash. d. The common stock was issued for cash. e. There was a $70,230 credit to Retained Earnings for net income. f. There was a $38,870 debit to Retained Earnings for cash dividends declared. Check My Work All work saved. Em MacBook Air