Need help with 9b.

value: 1.00 points Following is a partially completed balance sheet for Hoeman, Inc., at December 31, 2017, together with comparative data for the year ended December 31, 2016. From the statement of cash flows for the year ended December 31, 2017, you determine the following Net income for the year ended December 31, 2017, was $47,000 Dividends paid during the year ended December 31, 2017, were $33,500 .Accounts receivable decreased $5,000 during the year ended December 31, 2017 The cost of new buildings acquired during 2017 was $62,500 No buildings were disposed of during 2017 The land account was not affected by any transactions during the year, but the fair value of the land at December 31, 2017, was $89,000 Required a. Complete the December 31, 2017, balance sheet. (Hint: Long-term debt is the last number to compute to make the balance sheet balance.) HOEMAN, INC. Comparative Balance Sheets At December 31, 2017 and 2016 2017 2016 Assets: Current assets: Cash Accounts receivable $ 26,000$23,000 67,000 88,000 $ 178,000 70,000 145,000 (60,000)(52,500) $ 162,500 $ 340,500 Inventory 78,000 Total current assets Land Buildings Less: Accumulated depreciation Total land & buildings Total assets