Red is what I got incorrect. Thank you in advance!

Presented below are the financial statements of Nosker Company NOSKER COMPANY Comparative Balance Sheets December 31 ssets Cash Accounts receivable Inventory Equipment Accumulated depreciation-equipment 2014 $34,460 32,380 26,220 59,920 (29,480) 2013 $19,450 20,000 20,630 77,500 (23,040) Total $123,500 $114,540 Liabilities and Stockholders' Equi Accounts payable Income taxes payable Bonds payable Common stock Retained earnings $28,220 7,250 27,930 18,660 41,440 $123,500 $ 16,480 8,140 32,030 13,810 44,080 $114,540 Total NOSKER COMPANY Income Statement For the Year Ended December 31, 2014 $241,250 176,090 65,160 23,470 41,690 3,950 37,740 8,510 $29,230 Sales revenue Cost of goods solod Gross profit Operating expenses Income from operations Interest expense Income before income taxes Income tax expense Net income Additional data 1. Dividends declared and paid were $31,870 2. During the year equipment was sold for $7,560 cash. This equipment cost $17,580 originally and had a book value of $7,560 at the time of sale 3. All depreciation expense, $16,460, is in the operating expenses. 4. All sales and purchases are on account