The comparative balance sheet of Yellow Dog Enlerprises inc. at December 31, 20Y8 and 20r, is as follows. Instructions \begin{tabular}{|c|c|c|c|} \hline 8 & Accumulated depreciation-equipment & (235.000.00) & (190,000.00) \\ \hline 9 & Total assets & $1,785,000.00 & $1,455,000.00 \\ \hline 10 & Liabilities and Stockholders' Equity & & \\ \hline 11 & Accounts payable (merchandise creditors) & $100,000.00 & $75,000.00 \\ \hline 12 & Mortgage note payable & 0.00 & 500,000.00 \\ \hline 13 & Common stock, \$10 par & 500,000.00 & 200.000 .00 \\ \hline 14 & Paid-in capital in excess of par-common stock & 400,000,00 & 100,000.00 \\ \hline is & Retained earnings & 785.000 .00 & 580,000.00 \\ \hline 16 & Total liabilities and stockholders' equity & $1,785,000.00 & $1,455,000.00 \\ \hline \end{tabular} Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20Y8 are as follows. a. Net income, $250,000 D. Depreciation reported on the income statement, $135,000 c. Equipment was purchased at a cost of $420,000 and fuly depreciated equipment costing $90,000 was discarded, with no salvage realized d. The mortgage note payable was not due for six yoars, but the terms permitted earler payment without penaty. e. 30,000 shares of common stock were issued at $20 for cash 1. Cash dividends declared and paid, $45,000 Required