The following is a condensed version of the comparative balance sheets for Pearl Corporation for the last two years at December 31. 2020 2019 Cash $345,150 $152,100 Accounts receivable 351,000 360,750 Investments 101,400 144,300 Equipment 581.100 468.000 Accumulated Depreciation Equipment (206,700 1 [173,550) Current liabilities 261.300 294,450 Common stock 312,000 312,000 598,650 345,150 Retained earnings Additional information: Investments were sold at a loss of $19.500; no equipment was sold; cash dividends paid were $58,500; and net income was $312.000