The comparative balance sheet of Whitman Co. at December 31, 20Y2 and 20Y1, is as follows: Dec. 31, 20Y2 Dec. 31, 20Y1 Assets Cash Accounts receivable (net) Inventories Prepaid expenses Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment $575,370 $ 620,510 523,590 477,560 794,010 730,720 18,410 21,860 197,930 299,190 914,840 563,860 (258,920) (241,660) 322,210 284,810 (88,610) (99,540) $2,998,830 $2,657,310 Total assets Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $569,780 $601,260 Bonds payable 167,930 0 Common stock, $20 par 197,000 73,000 Excess of paid-in capital over par 474,000 350,000 Retained earninns 1 590 120 1.633 050