ignment CALCULATOR FULL SCREEN PRINTER VERSION ES Question 4 Headland Inc., a greeting card company, had the following statements prepared as of December 31, 201 HEADLAND INC. COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2017 AND 2016 12/31/17 12/31/16 Cash $6,000 $7,100 61,400 51,500 Short-term debt investments (available-for-sale) 34,600 18,000 40,300 60,200 4,000 152,400 130,600 Accounts receivable Inventory Prepaid rent 4,900 Accumulated depreciation-equipment Copyrights Total assets (34,800) (25,200) 45,70049,800 $310,500 $296,000 Accounts payable Income taxes payable Salaries and wages payable Short-term loans payable Long-term loans payable Common stock, $10 par Contributed capital, common stock $46,100 $40,300 4,0006,000 7,900 4,000 8,100 10,000 59,70069,600 100,000100,000 0,00030,000 5 6 8 0