I started doing it, but I'm not completely sure I am doing it right and would appreciate some help.

Problem 12-7A The following are the financial statements of Nosker Company Nosker Company Comparative Balance Sheets December 31 2019 Assets Cash Accounts receivable Inventory Equipment Accumulated depreciation-equipment 2018 $ 38,00020,000 14,000 20,000 78,000 (29,000) (24,000) $126,000 $108,000 30,000 27,000 60,000 Total Liabilities and Stockholders' Equity Accounts payable Income taxes payable Bonds payable Common stock Retained earnings $ 24,000 15,000 8,000 33,000 14,000 38,000 $126,000 $108,000 7,000 27,000 18,000 50,000 Total Nosker Company