Problem 12-10A Condensed financial data of Sweet Acacia Industries follow. Sweet Acacia Industries Comparative Balance Sheets December 31 2017 sets 2016 104,232 62,436 Cash 113,262 49,020 Accounts receivable 145,125 132,677 Inventory 36,636 Prepaid expenses 33,540 Long-term investments 178,020 140,610 367,650 312,825 Plant assets (64,500) (67,080) Accumulated depreciation $880,425 $664,028 Total iabilities and Stockholders' Equity Accounts payable 131,580 86,817 21,285 Accrued expenses payable 27,090 Bonds payable 141,900 188,340 225,750 Common stock 283,800 Retained earnings 301,860 136,031 Total $880,425 $664,028