Prepare a comparative balance sheet at December 31, 2016 and January 31,2017 in proper form

Page Monthly Account Balances (in thousands of dollars) Accounts payable Accounts receivable Accrued wages payable Cash Common stock Dividends payable Interest payable Interest receivable Investments Land Long-term notes payable (due June 15, 2018) Prepaid expenses Other noncurrent assets Plant and equipment Retained earnings Short-term notes payable Supplies Balance 7,750 6,440 3,600 20,000 14,600 1,500 1,100 50 2,660 5,000 4,000 1,800 800 15,200 10,400 11,000 2,000 Restoration entered into the following transactions during January 2017: 1. Paid wages owed at December 31, 2016. 2. Collected $5,500 on outstanding accounts receivable. 3. Paid accounts payable of $7,000. 4. Issued 1000 shares of common stock for $8 cach. 5. Paid $11,000 on a short-term note payable including $750 of accrued interest. 6. Purchased supplies worth $1,850 on account. 7. Signed a contract with a new cleaning company. Agreed to pay $1,500 a month for cleaning the shop each night. including accrued interest totaled $2,710. due 8/31/18. 8. Redeemed a six-month $2,660 certificate of deposit held as an investment. Proceeds 9. Purchased shop equipment in exchange for $8,000 in cash and a note payable of $15,000