Statement of Cash Flows The comparative balance sheet of Orange Angel Enterprises Inc. at December 31, 20Y8 and 20Y7, is as follows: Dec. 31, 2018 Dec. 31, 2017 Cash Accounts receivable (net) Merchandise inventory Prepaid expenses Equipment Assets Accumulated depreciation-equipment Total assets Liabilities and Stockholders' Equity. Accounts payable (merchandise creditors) Mortgage note payable Common stock, $1 par Excess of paid-in capital over par Retained earnings Total liabilities and stockholders' equity $75,450 $92,850 115,930. 125,170 165,620 155,140 6,750 4,700 337,380 277,960 (87,720) (68,170) $613,410 $587,650 $128,820 $122,820 0 176,300 19,000. 12,000 285,000 166,000 180,590 110,530 $613,410 $587,650 Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20Y8 are as follows