Rojas Corporation's comparative balance sheets are presented belovw ROJAS CORPORATION Comparative Balance Sheets December 31 2017 2016 Cash Accounts receivable Land Buildings Accumulated depreciation-buildings $14,200 $11,000 21,500 19,600 70,100 (15,400) 23,500 25,800 70,100 (10,500) Total $110,000 $119,900 Accounts payable Common stock Retained earning:s $11,900 75,900 22,200 $27,700 73,600 18,600 Total $110,000 $119,900 Additional information: 1. Net income was $22,500. Dividends declared and paid were $18,900. 2. No noncash investing and financing activities occurred during 2017 3. The land was sold for cash of $4,900