The following is a condensed version of the comparative balance sheets for Buffalo Corporation for the last two years at December $31.$

$\backslash$table$[[,2020,2019],[$Cash$,$$ $194,700,$$ $85,800],[$Accounts receivable,$198,000,203,500],[$Investments$,57,200,81,400],[$Equipment$,327,800,264,000],[$Accumulated Depreciation$-$Equipment,$(116,600),(97,900)],[$Current liabilities,$147,400,166,100],[$Common stock,$176,000,176,000],[$Retained earnings,$337,700,194,700]]$

Additional information:

Investments were sold at a loss of $$11,000$; no equipment was sold; cash dividends paid were $$33,000$; and net income was $$176,000.$