Instructions The comparative balance sheet of Canace Products Inc. for December 31, 2016 and 2015, is shown as follows: Dec 2016 Dec 31, 2015 3 Cash $643,320.00 $679710.00 56706000 547290.00 4 Accounts receivable (net s Inventories 983330.00 1,010,150.00 240,620.00 6 Investments 7 Land 0,00 520,090.00 680200.00 Equipment 87942000 9 Accumulated depreciation-equipment 244.310.000 $3,375,730.00 $2 930910.00 10 Total assets Liabilities and Stockholders' Equity $772,600.00 $747990.00 12 Accounts payable (merchandise creditors) 63,150.00 70,180.00 13 Accrued expenses payable (operating expenses 14 Dividends payable 7370.00 8,990.00 15 Common stock, $2 par 32,00000 56,000.00 408,000.00 192,000.00 16 Paid-in capitaL Excess of issue price over par-common stock 2,066,990.00 1,881 37000 17 Retained earnings $3,375,730.00 $2 930910.00 18 Total liabilities and stockholders' equity