The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 20Y8 and 2017, is a Assets Cash Accounts receivable (net) Inventories Prepaid expenses Equipment Accumulated depreciation-equipment Dec. 31, 20Y8 Dec. 31, 20Y7 $76,670 $94,250 117,800 127,050 168,280 157,480 6,860 4,770 342,820 282,140 (89,130) (69,190) $623,300 $596,500 V Total assets Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $130,890 $124,670 Mortgage note payable 0 178,950 Common stock, $1 par 21,000 13,000 Paid-in capital in excess of par-common stock 304,000 168,000 Retained earnings 167,410 111,880 Total liabilities and stockholders' equity $623,300 $596,500