The comparative balance sheet of Yellow Dog Enterprises Inc, at December 31, 2018 and 2017. is as follows: Dec 31,2078 Dec 31, 2097 Assets Cash $146,590.00 $180,310.00 242,510.00 223,920.00 298,480.00 Accounts receivable (net) Merchandise inventory Prepaid expenses Equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity 11 Accounts payable (merchandise creditors) 12 Mortgage note payable 15 Common stock, 510 par 14 Paid-in capital: Excess of issue price over par common stock 322,020.00 12,710.00 654,640.00 (170,680.00) $1,189,200.00 9,770.00 536,710.00 (132,810.00) $1,134,970.00 $249,470.00 000 73,000.00 450,000.00 416,730.00 $1.189.200.00 $238,540.00 335,820.00 23,000.00 310,000.00 227,610.00 $1,134,970.00 15 Retained earnings 16 Total liabilities and stotiholders equity 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, $343,310. B. Depreciation reported on the income statement, $83,570. C. Equipment was purchased at a cost of $163,630 and fully depreciated equipment costing $45,700 was discarded, with no salvage realized. D. 10,000 shares of common stock were issued at $19 for cash. E. The mortgage note payable was not due for six years, but the terms permitted earlier payment without penalty AT Labels and Amount Descriptions Cash used for dividends Cash used for equipment CUCU Oo Cash used for merchandise Cash used for purchase of land Cash used to retire mortgage note payable Cash from customers Cash from sale of common stock December 31, 20Y8 Decrease in cash Decrease in merchandise inventory R ita Decrease in accounts payable Decrease in accounts receivable Decrease in prepaid expenses Depreciation