Following are selected balance sheet accounts of Sage Bros. Corp. at December 31, 2017 and 2016, and the increases or decreases in each account from 2016 to 2017. Also presented is selected income statement information for the year ended December 31, 2017, and additional information Selected balance sheet accounts Increase Assets Accounts receivable Property, plant, and equipment Accumulated depreciation-plant assets 2017 $34,300 275,600 (177,300) (166,200 ) 2016 $23,800 245,400 (Decrease) $10,500 30,200 (11,100 ) and stockhold s' equity 2017 2016 Increase Bonds payable Dividends payable Common stock, $1 par Additional paid-in capital Retained earnings $48,500 8,100 21,900 9,000 103,900 $46,400 4,900 18,800 3,000 91,900 $2,100 3,200 3,100 6,000 12,000 Selected income statement information for the year ended December 31, 2017: Sales revenue Depreciation Gain on sale of equipment Net income $156,300 38,000 14,500 31,300