The comparative balance sheet of Whitman Co. at December 31, 20Y2 and 20Y1, is as follows: Dec. 31,20Y2 Dec. 31,20Y1 Assets 3 Cash 4 Accounts receivable (net 5 Inventories 6 Prepaid expenses 7 Land 8 Buildings 9 Accumulated depreciation-buildings 10 Equipment 11 Accumulated depreciation-equipment 12 otal assets 13 14 Accounts payable (merchandise creditors) 15 Bonds payable 16 Common stock, $25 par 17 Paid-in capital: Excess of issue price over par-common stock 18 Retained earnings 19 Total liabilities and stockholders' equity 918,000.00 $964,800.00 761,940.00 1,268,460.00 1,162,980.00 35,100.00 479,700.00 900,900.00 408,600.00) (382,320.00) 454,680.00 141,300.00) 158,760.00) $4,785,480.00 $4,219,020.00 828,900.00 29,340.00 315,900.00 1,462,500.00 512,280.00 Liabilities and Stockholders'Equity 0.00 117,000.00 558,000.00 2,517,980.00 2,585,700.00 $4,785,480.00 $4,219,020.00 $922,500.00 270,000.00 317000.00 758,000.00