Waterway Corporations balance sheet at the end of 2016 included the following items. Current assets (Cash $82,000) $236,570 Current liabilities $151,570 Land 32,190 Bonds payable 101,570 Buildings 121,570 Common stock 182,190 Equipment 92,190 Retained earnings 46,190 Accum. depr.-buildings (31,570 ) Total $481,520 Accum. depr.-equipment (11,000 ) Patents 41,570 Total $481,520 The following information is available for 2017.

1. Net income was $56,470.

2. Equipment (cost $21,570 and accumulated depreciation $9,570) was sold for $11,570.

3. Depreciation expense was $5,570 on the building and $10,570 on equipment.

4. Patent amortization was $2,500.

5. Current assets other than cash increased by $29,000. Current liabilities increased by $14,570.

6. An addition to the building was completed at a cost of $28,570.

7. A long-term investment (Equity) in stock was purchased for $16,000.

8. Bonds payable of $52,190 were issued.

9. Cash dividends of $30,000 were declared and paid.

10. Treasury stock was purchased at a cost of $11,000.

Prepare a balance sheet at December 31, 2017.