Presented below is a condensed version of the comparative balance sheets for Ayayai Corporation for the last two years at December 31.

		2017		2016
Cash		$178,700		$44,800
Accounts receivable		118,300		77,000
Investments		71,700		98,100
Equipment		348,500		176,900
Accumulated depreciationequipment		(92,900)		(68,500)
Current liabilities		135,500		91,700
Common stock		137,900		65,300
Retained earnings		350,500		170,900

Additional information: Investments were sold at a gain of $5,900; no investments were purchased; no equipment was sold; cash dividends paid were $39,900; and net income was $219,500.