Rodriquez Corporations comparative balance sheets are presented below:

Exercise 13-9 (Part Level Submission) Rodriquez Corporation's comparative balance sheets are presented below: RODRIQUEZ CORPORATION Comparative Balance Sheets December 31 2017 2016 Cash Accounts receivable Investments Equipment Accumulated depreciation-equipment $ 15,200 25,200 20,000 60,000 $ 17,700 22,300 16,000 70,000 (14,000 )(10,000) Total $106,400 $116,000 Accounts payable Bonds payable Common stock Retained earning:s $ 14,600 10,000 50,000 31,800 $106,400 $ 11,100 30,000 45,000 29,900 $116,000 Total Additional information: 1. Net income was $18,300. Dividends declared and paid were $16,400. 2. Equipment which cost $10,000 and had accumulated depreciation of $1,200 was sold for $3,300. 3. No noncash investing and financing activities occurred during 2017