Problem 12-11A The comparative balance sheets for Yanik Company as of December 31 are presented below YANIK COMPANY Comparative Balance Sheets December 31 2014 2013 ssets Cash Accounts receivable Inventory Prepaid expenses Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Total $ 54,495 70,238 171,962 25,431 157,430 242,200 $82,348 60,550 183,406 18,504 175,595 242,200 (72,660) 272,475 (54,495 (42,385) (48,440 ) 187,705 $907,923 $818,636 Liabilities and Stockholders' Equit Accounts payable Bonds payable Common stock, $1 par Retained earnings $54,168 363,300 242,200 248,255 $ 43,596 363,300 193,760 217,980