Exercise 23-13 Brecker Inc., a greeting card company, had the following statements prepared as of December 31, 2017. BRECKER INC. COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2017 AND 2016 12/31/17 12/31/16 $6,000 $7,000 51,000 Short-term debt investments (available-for-sale) 35,000 18,000 60,000 4,000 154,000 130,000 Cash Accounts receivable 62,000 40,000 5,000 Inventory Prepaid rent Equipment Accumulated depreciation-equipment Copyrights Total assets (35,000) (25,000) 46,000 50,000 $313,000 $295,000 Accounts payable Income taxes payable Salaries and wages payable Short-term loans payable Long-term loans payable Common stock, $10 par Contributed capital, common stock Retained earnings Total liabilities & stockholders' equity $46,000 $40,000 6,000 4,000 10,000 69,000 100,000 100,000 30,000 36,000 $313,000 $295,000 4,000 8,000 8,000 60,000 30,000 57,000