The comparative balance sheets for 2018 and 2017 are given below for Surmise Company. Net income for 2018 was $52 million. SURMISE COMPANY Comparative Balance Sheets December 31, 2018 and 2017 (s in millions) 2018 2017 Assets Cash Accounts receivable $ 67 72 78 75 Less: Allowance for uncollectible accounts Prepaid expenses Inventory Long-term investment Land Buildings and equipment 158 45 70 288 150 20 70 200 Less: Accumulated depreciation Patent (94) (80) 12 614 521 Liabilities Accounts payable Accrued liabilities Notes payable Lease liability Bonds payable Shareholders' Equity Common stock Paid-in capital-excess of par Retained earnings $ 4 13 20 80 50 90 50 247 205 157 158 $ 614 521