Excersice 5-15

Please use list of Accounts below

Exercise 5-15 Presented below is a condensed version of the comparative balance sheets for Marin Corporation for the last two years at December 31 2016 89,700 212,750 85,100 276,000 2017 Cash Accounts receivable Investments Equipment Accumulated Depreciation-Equipment Current liabilities Common stock Retained earnings $ 203,550 207,000 59,800 342,700 (121,900 (102,350 ) 154,100 184,000 353,050 173,650 184,000 203,550 Additional information: Investments were sold at a loss of $11,500; no equipment was sold; cash dividends paid were $34,500; and net income was $184,000