Rojas Corporation's comparative balance sheets are presented below. ROJAS CORPORATION Comparative Balance Sheets December 31 2020 2019 Cash $14,900 $10,400 Accounts receivable 21,500 23,400 Land 19,700 25,900 Buildings 70,100 70,100 Accumulated depreciation-buildings (14,800) (10,700 ) Total $111,400 $119.100 Accounts payable $12,100 $28,300 Common stock 75,400 73,600 Retained earnings 23,900 17,200 Total $111,400 $119.100 Additional information: 1. Net income was $22,400. Dividends declared and paid were $15,700. 2. No noncash investing and financing activities occurred during 2020. 3. The land was sold for cash of $4.900.