eBook The comparative balance sheet of Navaria Inc. for December 31, 20Y3 and 20Y2, is as follows: Dec. 31, 20Y3 Dec. 31, 20Y2 Assets Cash Accounts receivable (net) Inventories Investments Land $ 199,640 $ 188,830 73,390 67,330 206,850 198,890 0 77,390 106,020 0 Equipment 226,060 178,000. Accumulated depreciation-equipment (53,800) (48,000) Total assets $758,160 $662,440 Liabilities and Stockholders' Equity Accounts payable $ 137,030 $ 130,500 Accrued expenses payable 13,780 17,220 Dividends payable 7,500 6,000 Common stock, $1 par 40,500 31,130 Paid-in capital: Excess of issue price over par-common 154,100 90,090 stock Retained earnings 405,250 387,500 Total liabilities and stockholders' equity $758,160 $662,440