The balance sheet data of Stellar Company at the end of 2020 and 2019 are shown below. 2020 2019 Cash $30,100 $35,200 Accounts receivable (net) 55,000 44,700 Inventory 64,800 44,900 Prepaid expenses 14,900 25,100 Equipment 89,900 74,200 Accumulated depreciation-equipment (17,980 ) (8,100 ) Land 70,000 39,600 $306,720 $255,600 Accounts payable $64,500 $52,000 Accrued expenses 15,000 17,900 Notes payable-bank, long-term -0- 23,100 Bonds payable 30,100 -0- Common stock, $10 par 189,000 158,600 Retained earnings 8,120 4,000 $306,720 $255,600