Here are comparative balance sheets for Swifty Corporation Swifty Corporation Comparative Balance Sheets December 31 Assets Cash Accounts receivable Inventory 2020 $ 73,500 85,800 169.700 73,300 259.000 (65.800) $595,500 2019 $33,500 70,600 186,700 101,800 199,400 (33,800) $558,200 Land Equipment Accumulated depreciation-equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total $ 35,500 151.400 217.000 191.600 $595,500 $ 46,500 203,800 172,700 135.200 $558,200 Additional information 1 Net income for 2020 was $103.400. 2 Cash dividends of $47.000 were declared and paid. 3. Bonds payable amounting to $52.400 were redeemed for cash $52.400 4. Common stock was issued for $44.300 cash. 5. No equipment was sold during 2020, but land was sold at cost. Swifty Corporation Statement of Cash Flows Adjustments to reconcile net income to Tebook and Media