VERSTON 4 BA RCES m Question 26 Bramble Corp. reported the following information for 2020. Bramble Corp. Comparative Balance Sheets December 31 Assets 2020 2019 Cash $51,510 $36,090 Accounts receivable 61,380 21,880 Inventory 44,120 -0- Prepaid expenses 5,950 3,970 Land 55,190 69,510 Buildings 198,490 198,490 Accumulated depreciation-buildings (20,790) (13,860) Equipment 182,860 68,310 Accumulated depreciation-equipment (27,700) (10,080) Totals $551,010 $374,310 Liabilities and Stockholders' Equity Accounts payable $42,990 $40,240 Accrued expenses payable 0 9,920 Bonds payable 99,940 150,380 Common stock ($1 par) 228,510 59,890 Retained earnings 179,570 113,880 Totals $551,010 $374,310 Change Increase/Decrease $15,420 Increase 39,500 Increase 44,120 Increase 1,980 Increase 14,320 Decrease 6,930 Increase 114,550 Increase 17,620 Increase $2,750 Increase 9,920 Decrease 50,440 Decrease 168,620 Increase 65,690 Increase Bramble Corp. Income Statement ts by Study VERSTON 4 BA RCES m Question 26 Bramble Corp. reported the following information for 2020. Bramble Corp. Comparative Balance Sheets December 31 Assets 2020 2019 Cash $51,510 $36,090 Accounts receivable 61,380 21,880 Inventory 44,120 -0- Prepaid expenses 5,950 3,970 Land 55,190 69,510 Buildings 198,490 198,490 Accumulated depreciation-buildings (20,790) (13,860) Equipment 182,860 68,310 Accumulated depreciation-equipment (27,700) (10,080) Totals $551,010 $374,310 Liabilities and Stockholders' Equity Accounts payable $42,990 $40,240 Accrued expenses payable 0 9,920 Bonds payable 99,940 150,380 Common stock ($1 par) 228,510 59,890 Retained earnings 179,570 113,880 Totals $551,010 $374,310 Change Increase/Decrease $15,420 Increase 39,500 Increase 44,120 Increase 1,980 Increase 14,320 Decrease 6,930 Increase 114,550 Increase 17,620 Increase $2,750 Increase 9,920 Decrease 50,440 Decrease 168,620 Increase 65,690 Increase Bramble Corp. Income Statement ts by Study