Problem 94 The following financial information is for Wildhorse Company. WILDHORSE COMPANY Balance Sheets Dember 31 S 70,000 109,000 231,000 167,000 134,000 134,000 264,000 186,000 250,000 170,000 206,000 206,000 151,000 133,000 Debt investments (short-term) Accounts receivable Inventory Prepaid expenses Land Building and equipment (net) Total assets Liabilities and Stockholders' Equity Notes payable Accounts payable Accrued liabilities Bonds payable, due 2020 Common stock, $10 par Retained earnings Total liabilities and stockholders' equity 2017 51,000 27 ,ooo $886,000 $171, ooo 67,000 41,000 $886,000 2016 68,000 40,000 91,000 26,000 $712,000 $109,000 53,000 41,000 $712,000