The following information was taken from the accounting records of XYZ Company for the year ended December 31, 2018: Cost of Goods Sold $50,000 Salaries Payable $26,000 Inventory ? Cash $18,000 Accounts Payable $56,000 Common stock ? Accounts Receivable $37,000 Retained Earnings $40,000 (at January 1, 2018) Salaries Expense $31,000 Land ? Interest Revenue $10,000 Supplies $11,000 Notes Payable $93,000 Patent $15,000 Sales Revenue $97,000 Equipment $85,000 Income Tax Expense $10,000 Additional information 1. Total equity at December 31, 2018 is equal to 80% of total liabilities at December 31, 2018. Calculate the balance in the common stock account at December 31, 2018. Do not use decimals in your answer.