The comparative balance sheets for Bonita Industries as of December 31 are presented below Bonita Industries Comparative Balance Sheets December 31 Assets Cash Accounts receivable Inventory Prepaid expenses Land Buildings Ac 2017 2016 $80,580 59,250 179,468 18,107 171,825 237,000 (71,100) 266,625 $ 53,325 68,730 168,270 24,885 154,050 237,000 (47,400) 183,675 cumulated depreciation-buildings Equipment Accumulated depreciation-equipment Total (53,325 (41,475) $888,430 $801,060 Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock, $1 par Retained earnings Total $53,005 355,500 237,000 242,925 $888,430 $ 42,660 355,500 189,600 213,300 $801,060