equired information comparative balance sheet and income statement is shown for Cruz, Inc CRUZ, INC Comparative Balance Sheets December 31, 20117 2017 2016 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets $ 94,800 24,000 51,000 95,800 4, 200 227,000 175,000 109,000 119,000 41,000 85,800 5,400 Furniture Accum. depreciation-Furniture Total assets (17,000) (9,000) $ 319,000 $285,000 Liabilities and Equity Accounts payable Wages payable s 15,000 21,000 5, 000 2,600 28,600 69,000 97, 600 9,000 1,400 25,400 Income taxes payable otal current liobilities lotes payable (long-term) Total 15abilities Equity Conmon stock, $5 par value Retained earning 54,400 229,000 179,000 5,60