RCESxercise 17-9 (Part Level Submission) Rodriquez Corporation's comparative balance sheets are presented below. rk RODRIQUEZ CORPORATION Comparative Balance Sheets December 31 2017 2016 Cash $16,700 $17,300 Accounts receivable 22,300 25,100 Investments 20,050 15,750 Equipment 60,250 69,850 Accumulated depreciation-equipment (13,750) (10,300) Study Total $108,350 $114,900 Accounts payable $14,650$11,050 Bonds payable 30,100 10,800 Common stock 49,800 44,500 Retained earnings 33,100 29,250 $108,350 $114,900 Total Additional information: 1. Net income was $18,450. Dividends declared and paid were $14,600. 2. Equipment which cost $9,600 and had accumulated depreciation of $1,700 was sold for $3,600. No noncash investing and financing activities occurred during 2017. 3. URCES RODRIQUEZ CORPORATION Statement of Cash Flows ork Adjustments to reconcile net income to (Par s by Study D Type here to search