Problem 12-11A The comparative balance sheets for Metlock, Inc. as of December 31 are presented below. Metlock, Inc. Comparative Balance Sheets December 31 2017 2016 Cash Accounts receivable Inventory Prepaid expenses Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Total 97,648 $64,620 71,800 83,288 217,482 203,912 30,156 208,220 186,680 287,200 287,200 (86,160) (57,440) 323,100 222,580 (64,620) (50,260) $1,076,612 $970,736 21,942