Problem 13-9A Condensed financial data of Cheng Inc. follow. CHENG INC. Comparative Balance Sheets December 31 Assets Cash Accounts receivable Inventory Prepaid expenses Investments Equipment Accumulated depreciation-equipment 2015 $89,100 91,540 111,350 28,600 137,390 270,170 (49,900 ) $678,250 2014 $47,670 33,350 101,630 25,900 113,540 242,220 (51,190 ) $513,120 Total Liabilities and Stockholders' Equity Accounts payable Accrued expenses payablee Bonds payable Common stock Retained earning:s $111,580 16,460 115,540 220,790 213,880 $678,250 $67,770 17,370 149,610 175,400 102,970 $513,120 Total