ROJAS CORPORATION Comparative Balance Sheets December 31 2017 2016 Cash Accounts receivable Land Buildings Accumulated depreciation-buildings $ 14,600 21,600 20,400 70,100 $ 10,600 23,400 26,000 70,100 (15,000) (10,500) Total $111,700 $119,600 Accounts payable Common stock Retained earning:s $ 12,700 75,200 23,800 $111,700 $ 28,300 71,200 20,100 $119,600 Total Additional information: 1. Net income was $22,500. Dividends declared and paid were $18,800. 2. No noncash investing and financing activities occurred during 2017. 3. The land was sold for cash of $4,500