erling ults by tive Exercise 18-11 wiemers Corporation's comparative balance sheets are presented below. WIEMERSCORPORATION Balance Sheets December 31 Cash 3,400 3,200 Accounts receivable (net) 21,400 10,500 6,900 20,200 26,300 Inventory Land Buildings 70,500 70,500 Accumulated depreciation-buildings 14,500 10,500 111,500 119,800 30,600 Accounts payable 12,700 Common stock 75,100 23,700 18,700 Retained earnings 111.500 119,800 wiemers s 2017 income statement included net sales of s117,000, cost of goods sold of s61.000, and net income of s14,200