The comparative balance sheet of Whitman Co. at December 31, 2012 and 20Y1, is as follows: Dec. 31, 20Y2 Dec. 31, 20Y1 Assets Cash $ 820,490 $ 886,550 Accounts receivable (net) 746,650 681,010 Inventories 1,132,280 1,042,020 Prepaid expenses 26,260 31,180 Land 282,250 426,650 Buildings 1,304,580 804,080 Accumulated depreciation-buildings (369,220) (344,610) Equipment 459,470 406,140 Accumulated depreciation-equipment (126,360) (141,940) Total assets $4,276,400 $3,791,080 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $ 812,520 5 857,410 Bonds payable Common stock, $20 par 239,480 0 280,000 104,000 Excess of paid-in capital over par Retained earnings Total liabilities and stockholders' equity 675,000 499,000 2,269,400 2,330.670 $3.791,080 The noncurrent asset, noncurrent liability, and stockholders' equity accounts for 2012 are as follows: $4,276,400 ACCOUNT Land Date 2012 ACCOUNT NO. Balance Item Debit Credit Debit Credit Jan. 1 Balance Apr. 20 Realized $134,300 cash from sale 426,650 144,400 282,250