Problem 24-4 Presented below is the comparative balance sheet for Carla Company CARLA COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2018 AND 2017 December 31 2018 2017 Asset Cash Accounts receivable (net) Short-term investments Inventories Prepaid expenses Plant & equipment Accumulated depreciation $180,100 $277,000 155,500 151,500 974,800 25,200 2,577,000 1,967,200 221,800 270,000 1,070,000 25,200 (1,007,100) (753,900) $3,337,000 $2,797,300 Liabilities and Stockholder Equity Accounts payable Accrued expenses Bonds payable Capital stock Retained earnings $74,400 200,200 189,200 2,100,400 1,784,900 548,600 $3,337,000 $2,797,300 $49,500 169,900 453,000 564,200