Please Please Please explain to me how to solve this problem! I am so confused. Thank You So Much

Problem 12-8A Presented below are the financial statements of Kurtzel Company. KURTZEL COMPANY Comparative Balance Sheets December 31 Assets 2014 2013 119,350 Cash 68,200 68,200 47,740 Accounts receivable 68,200 Inventory 95,480 204,600 265,980 Property, plant, and equipment (109,120) (81,840) Accumulated depreciation Total $378,510 $368,280 Liabilities and Stockholders' Equity Accounts payable 64,790 51,150 Income taxes payable 23,870 27,280 Bonds payable 57,970 12,530 47,740 Common stock 61,380 Retained earnings 170,500 129,580 Total $378,510 $368,280