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 (mrchandise creditors) Mortgage note payable Common stock, $1 par Excess of paid-in capital over par Retained earnings Total liabilities and stockholders' equity $48,030 $58,980 73,800 79,520 105,430 98,540 4,300 2,990 214,770 176,580 (55,840) (43,300) $390,490 $373,310 $82,000 $78,020 0 111,990 13,000 8,000 200,000 105,000 95,490 70,300 $390,490 $373,310 Additional data obtained from the income statement and from an examination of the accounts in the ledger for 2018 are