eBook The comparative balance sheet of Merrick Equipment Co. for December 31, 2019 and 20Y8, is as follows: Dec. 31, 20Y9 Dec. 31, 20Y8 Cash Accounts receivable (net) Inventories Investments Land Equipment Assets Accumulated depreciation-equipment Total assets Liabilities and Stockholders' Equity $258,260 $238,030 93,560 85,490 264,110 253,130 0 98,060 135,470 0 291,400 223,780 (68,220) (60,350) $974,580 $838,140 Accounts payable (merchandise creditors) $176,400 $165,110 Accrued expenses payable (operating expenses) 17,540 21,790 Dividends payable 9,750 7,540 Common stock, $10 par 52,630 41,070 Paid-in capital in excess of par-common stock 197,840 113,990 Retained earnings 520,420 488,640 Total liabilities and stockholders' equity $974,580 $838,140