The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 20Y8 and 2017, is as follows: Assets Cash Accounts receivable (net) Inventories Prepaid expenses Equipment Accumulated depreciation-equipment Total assets Liabilities and Stockholders' Equity Dec. 31, 20Y8 Dec. 31, 20Y7 $53,300 $65,590 81,900 88,430 117,010 109,600 4,770 3,320 238,340 196,370 (61,970) (48,160) $433,350 $415,150 Accounts payable (merchandise creditors) $91,000 $86,770 Mortgage note payable 0 124,550 Common stock, $1 par 14,000 9,000 Paid-in capital in excess of par-common stock 192,000 117,000 Retained earnings 136,350 77,830 Total liabilities and stockholders' equity $433,350 $415,150