Vaughn Inc., a greeting card company, had the following statements prepared as of December 31, 2017 VAUGHN INC. COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2017 AND 2016 12/31/17 12/31/16 $5,900 $6,900 Cash Accounts receivable Short-term debt investments (available-for-sale 34,700 18,000 Inventory Prepaid rent Equipment Accumulated depreciation-equipment Copyrights Total assets 61,400 51,200 59,700 4,100 152,700 130,200 40,200 5,000 (35,400) (25,000) 45,700 49,900 $310,200 $295,000 Accounts payable Income taxes payable Salaries and wages payable Short-term loans payable Long-term loans payable Common stock, $10 par Contributed capital, common stock Retained earnings Total liabilities & stockholders' equity $46,300 $40,400 6,000 3,900 10,100 69,400 100,000 100,000 30,000 35,200 $310,200 $295,000 3,900 8,100 8,100 60,200 30,000 53,600