The comparative balance sheets for 2018 and 2017 are given below for Surmise Company. Net income for 2018 was $70 million SURMISE COMPANY Comparative Balance Sheets December 31, 2018 and 2017 (s in millions) 2018 2017 Assets Cash Accounts receivable 26 32 96 84 Less: Allowance for uncollectible accounts(19) Prepaid expenses Inventory Long-term investment Land Buildings and equipment (4) 14 132 104 115 70 359 245 Less: Accumulated depreciation Patent (122) (98) S 686 577 Liabilities Accounts payable Accrued liabilities Notes payable Lease liability Bonds payable Shareholders' Equity Common stock Paid-in capital-excess of par Retained earnings $14 32 15 38 107 59 50 205 158 686 577 64 259 142