The following information is provided for Sharidan Chocolate Corp, which reports under ASPE: Assets Cash Accounts receivable Inventory Prepaid expenses Land SHERIDAN CHOCOLATE CORP. Balance Sheet May 31 2024 $35,445 100,400 206,480 6,150 149,000 363,000 (82,590) $777,885 Equipment Accumulated depreciation-equipment Total assets Liabilities and Shareholders' Equity Accounts payable Dividends payable Income tax payable Mortgage payable 145,000 Common shares 250,000 Retained earnings 323,435 Total liabilities and shareholders' equity $777,885 $48.660 7,890 2,900 2023 $52,490 89,610 183,570 7,990 89,000 224,000 (44,370) $602,190 $44,370 6,150 7,310 90,770 190,500 263,090 $602,190