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E13-7
Rojas Corporation's comparative balance sheets are presented below.
ROJAS CORPORATION
Comparative Balance Sheets
December 31
2017
2016
Cash
$14,300

$10,700

Accounts receivable
21,200
23,400
Land
20,000

26,000

Buildings
70,000

70,000

Accumulated depreciation—buildings
(15,000)
(10,000)
________

_________

Total
$110,500

$120,100

Accounts payable
$12,370
$31,100
Common stock
75,000
69,000