Flint Inc., a greeting card company, had the following statements prepared as of December 31, 2017 FLINT INC. COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2017 AND 2016 12/31/17 12/31/16 $7,000 51,500 34,70017,900 60,400 4,100 154,300 130,500 $5,900 62,000 Cash Accounts receivable Short-term debt investments (available-for-sale) Inventory Prepaid rent Equipment Accumulated depreciation-equip Copyrights Total assets 39,700 4,900 (35,300) (25,200 ) 45,600 ment 49,700 $311,800 $295,900 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 $46,200 $40,400 6,000 3,900 9,900 69,300 100,000 100,000 30,000 36,400 $311,800 $295,900 4,000 8,100 8,000 60,200 30,000 55,300