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Exercise 23-10 Following are selected balance sheet accounts of Carla Bros. Corp, at December 31, 2017 and 2016 and the increases er decreases in each

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Exercise 23-10 Following are selected balance sheet accounts of Carla Bros. Corp, at December 31, 2017 and 2016 and the increases er decreases in each aco presented is selected income statement information for the year ended December 31, 2017, and additional information. tiran 2010 to 20t lected balance sheet accounts Increase (Decrease) Assets Accounts receivable Property, plant, and equipment 2017 $34,100 275,900 (179,200) 2016 24,100 249,500 $10,000 26,400 (11,400) (167,800) 2016 Liabilities and stockholders' equity Bonds payable Dividends payable Common stock, $1 par Additional paid in capital Retained earnings 2017 Increase 49,500 8,000 21,800 9,100 103,300 $46,300 4,900 19,000 3,100 90,300 $3,200 3,100 2,800 6,000 13,000 Selected income statement information for the year ended December 31, 2017: Sales revenue Depreciation Gain on sale of equipment Net income $156,100 38,400 14,500 31,300

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