How do I figure out this problem?

Required information Use the following information for the Quick Study below A comparative balance sheet and income statement is shown for Cruz, Inc. CRUZ, INC. Comparative Balance Sheets December 31, 2017 2017 2016 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Furniture Accum. depreciation-Furniture Total assets $ 94,80024,000 51,000 85,80095,800 4,200 41,000 5,400 227, 000175,000 109,000119,000 (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 9,000 1,400 25,400 Income taxes payable Total current 1iabilities Notes payable (long-term) Total liabilities 29,000690 54,400 Equity Common stock, $5 par value Retained earnings Total liabilities and equity 97.600 229,000 179,000 $319,000 $285,000 ( 33,600 -8,400- CRUZ , INC . Prev 30, 7 Next > MacBook Pro