not tutors work question from connect

MONTGOMERY INC. Comparative Balance Sheets December 31 O current Year Prior Year oints Assets Cash $ 58, 600 $ 59, 000 Accounts receivable, net 17, 300 21, 200 eBook Inventory 155, 100 122, 500 Total current assets 231, 000 202, 700 Print Equipment 85, 900 72, 500 Accum. depreciation Equipment (38, 900) (26, 800) References Total assets $278, 000 $248, 400 Liabilities and Equity Accounts payable $ 41, 400 $ 44, 500 Salaries payable 800 1, 000 Total current liabilities 42, 200 45, 500 Equity Common stock, no par value 196, 200 181, 100 Retained earnings 39, 600 21, 800 Total liabilities and equity $278, 000 $248, 400