Selected financial statement information and additional data for Stanislaus Co. is presented below December 31 2016 2017 1,700 $74,130 Accounts receivable (net) 84,240143,390 205,170 18,570 793,760 $863,020 $1,235,020 Cash Inventory Land Equipment 168,650 60,720 507,710 TOTAL Accumulated depreciation $81,830 $112,720 86,150 29,180 50,210 Notes payable - short-term 65,260 Notes payable long-term 169,210 Accounts payable Common stock 424,790 492,580 210,380 $863,020 $1,235,020 Retained earnings 71,720 TOTAL Additional data for 2017: 1. Net income was $220,010. 2. Depreciation was $30,890. 3. Land was sold at its original cost. 4. Dividends of $81,350 were paid. 5. Equipment was purchased for $83,460 cash. 6. A long-term note for $202,590 was used to pay for an equipment purchase. 7. Common stock was issued to pay a $67,790 long-term note payable. Stanislaus Co. Statement of Cash Flows