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Rojas Corporation's comparative balance sheets are presented below ROJAS CORPORATION Comparative Balance Sheets December 31 2020 Cash Accounts receivable Land Buildings Accumulated depreciation-buildings 2019 $10,300 23,000 26,200 70,300 $14,400 20,800 19,600 70,300 (14,900) (10,000) $110,200 Total $119,800 Accounts payable Common stock Retained earnings $11,900 75,900 22,400 $110,200 $28,500 71,200 20,100 $119,800 Total Additional information: 1. Net income was $22,900. Dividends declared and paid were $20,600. 2. No noncash investing and financing activities occurred during 2020 3. The land was sold for cash of $4,800