Problem 13-4A The following financial information is for Carla Vista Company. CARLA VISTA COMPANY Balance Sheets December 31 2017 Assets 2016 Cash 69,000 69,000 Debt investments (short-term) 53,000 42,000 Accounts receivable 90,000 106,000 Inventory 238,000 163,000 Prepaid expenses 24,000 27,000 Land 34,000 34,000 Building and equipment (net) 259,000 83,000 Total assets $883,000 $708,000 Liabilities and Stockholders' Equity Notes payable $171,000 $103,000 66,000 54,000 Accounts payable Accrued liabilities 40,000 40,000 Bonds payable, due 2017 250,000 169,000 Common stock, $10 par 208,000 208,000 Retained earnings 148,000 34,000 Total liabilities and stockholders' equity $883,000 $708,000