$\backslash$table$[[\backslash$table$[[$FORTEN COMPANY$],[$Comparative Balance Sheets$],[$December $31]],$Current Year,Prior Year$],[\backslash$table$[[$Assets$],[$Cash$],[$Accounts receivable$],[$Inventory$],[$Prepaid expenses$],[$Total current assets$],[$Equipment$],[$Accumulated depreciation$-$Equipment$]],\backslash$table$[[\backslash$table$[[$$$73,900],[89,930],[299,656],[1,370],[464,856],[141,500],[(44,625)]]]],\backslash$table$[[\backslash$table$[[$$$89,500],[66,625],[267,800],[2,215],[426,140],[124,000],[(54,000)]]]]],[$Total assets,$$561,731,$$$496,140],[\backslash$table$[[$Liabilities and Equity$],[$Accounts payable$],[$Long$-$term notes payable$],[$Total liabilities$]],\backslash$table$[[$$$69,141],[71,800],[140,941]],\backslash$table$[[\backslash$table$[[$$$138,675],[73,950],[212,625]]]]],[\backslash$table$[[$Total liabilities$],[$Equity$],[$Common stock, $$5$ par value$],[$Paid$-$in capital in excess of par, common stock$],[$Retained earnings$]],\backslash$table$[[\backslash$table$[[140,941],[186,750],[61,500],[172,540]]]],\backslash$table$[[\backslash$table$[[212,625],[166,250],[0],[117,265]]]]],[$Total liabilities and equity,$$561,731,$$$496,140]]$

Additional Information on Current Year Transactions

a$.$ The loss on the cash sale of equipment was $$21,125($details in b$).$

b$.$ Sold equipment costing $$94,875,$ with accumulated depreciation of $$46,125,$ for $$27,625$ cash.

c$.$ Purchased equipment costing $$112,375$ by paying $$62,000$ cash and signing a long$-$term notes payable for the balance.

d$.$ Paid $$52,525$ cash to reduce the long$-$term notes payable.

e$.$ Issued $4,100$ shares of common stock for $$20$ cash per share.

f$.$ Declared and paid cash dividends of $$53,300.$