Sheridan Company Comparative Balance Sheets December 31 Assets 2017 2016 Cash $ 125,240 $ 75,020 Accounts receivable 136,090 58,900 Inventory 174,375 159,418) Prepaid expenses 44,020 40,300 Long-term investments 213,900 168,950 Plant assets 441,750 375,875 Accumulated depreciation (77,500) (80,600) Total $1,057,875 $797,863 Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable $158,100 $ 104,315 25.575 32,550