Practice Assignment Gradebook ORION Downloadable eTextbook signment ES Blue Spruce Company Comparative Balance Sheets December 31 2017 103,156 133,496 253,339 121,360 394,420 303,400 (100,122) (48,544) Assets 2016 33,374 115,292 286,713 151,700 Cash dy Accounts receivable Inventory Land Equipment Accumulated depreciation-equipment Total $905,649 $841,935 Liabilities and Stockholders' Equity Accounts payable 59,163 227,550 327,672 263,958 291,264 905,649 $841,935 65,231 303,400 Bonds payable Common stock ($1 par) 209,346 Retained earnings Total Additional information: 1. Net income for 2017 was $141,081. 2, Depreciation expense was $51,578. 3. Cash dividends of $59,163 were declared and paid. 4. Bonds payable amounting to $75,850 were redeemed for cash $75,850. 5. Common stock was issued for $63,714 cash. 6. No equipment was sold during 2017 7. Land Was sold for its book value. Privacy Poise 1 ?2000-201ai0hnwilerasons,Inc. All Rights Reserved. A Division of 20hnwierasons