riole Shoes comparative balance sheet is presented below. Oriole reports under ASPE.

ORIOLE SHOES Balance Sheet December 31
Assets		2021			2020
Cash		$23,124			$14,514
Accounts receivable		19,844			18,286
Long-term investments		18,860			13,120
Equipment		49,200			57,400
Accumulated depreciationequipment		(11,480	)		(8,200	)
Total		$99,548			$95,120
Liabilities and Shareholders Equity
Accounts payable		$16,072			$9,102
Notes payable		8,200			24,600
Common shares		49,200			36,900
Retained earnings		26,076			24,518
Total		$99,548			$95,120

Additional Information:
1.		Profit was $23,206. Dividends declared and paid were $21,648.
2.		Equipment that cost $8,200 and had accumulated depreciation of $984 was sold for $3,526.
3.		All other changes in non-current account balances had a direct effect on cash flows, except the change in accumulated depreciation.