The balance sheet data of Crane Company at the end of 2017 and 2016 are shown below. 2017 2016 Cash $29,800 $34,800 Accounts receivable (net) 55,100 44,800 Inventory 65,400 45,100 Prepaid expenses 15,200 25,100 Equipment 89,200 74,200 Accumulated depreciation—equipment (17,840 ) (7,900 ) Land 70,700 40,400 $307,560 $256,500 Accounts payable $65,500 $52,000 Accrued expenses 15,100 18,100 Notes payable—bank, long-term –0– 23,100 Bonds payable 30,000 –0– Common stock, $10 par 188,100 157,800 Retain