Sheffield Company had the following information available at the end of 2017. SHEFFIELDCOMPANY COMPARATIVE BALANCE SHEETS AS OF DECEMBER 31, 2017 AND 2016 2017 $10,100 20,580 22,020 42,390 3,020 2,100 1,000 125,640 347,130 2016 Cash Accounts receivable Short-term investments Inventory Prepaid rent Prepaid insurance Supplies Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Patents $4,020 12,830 29,750 34,710 12,030 89 74 176,140 347,130 (104,250) (87,940 ) 530,080 398,810 (130,600) (111,650 ) 49,920 $913,780 $865,913 44,570 Total assets Accounts payable Income taxes payable Salaries and wages payable Short-term notes payable Long-term notes payable Bonds payable Premium on bonds payable Common stock 5,010 5,000 10,010 59,650 402,050 19,870 241,660 Paid-in capital in excess of par-common stock 24,940 123,480 $22,110 $32,240 4,010 2,990 10,010 70,450 402,050 21,533 220,690 17,540 84,400 $913,780 $865,913 Retained earnings Total liabilities and stockholders' equity