ABC Manufacturing Inc. comparative balance sheet at December 31 Additional Information: 1. Operating expenses include depreciation expense of $10,000 2. Accounts Payable related to the purchase of inventory 3. Equipment that cost $8,000 was sold at a loss of $2,000 4. New equipment was purchased during the year for $6,000 5. Dividends declared and paid in 204 totaled $2,000 6. Common shares were sold for $10,000 cash 7. Interest payable in 204 was $500 greater than interest payable in 203