Skylar Enterprises Inc.Comparative Balance SheetsAssets 1/1/2012 12/31/2012 DifferenceCash 73000 22000 51000Accounts Receivable 85000 76000 9000Inventory 170000 189000 19000Land 75000 100000 25000Equipment 260000 200000 60000Accumulated depn-equipment -66000 -32000 34000Total 597000 555000Liabilities and Equity Accounts payable 39000 47000 8000Bonds Payable 150000 200000 50000Common stock 216000 174000 42000Retained earnings 192000 134000 58000Total 597000 555000Additional information:1. Net Income for 2012 was $1030002. Cash dividends of $45000 was paid3. Bonds payable of $55000 were redeemed4. Common stock was issued for $42000 cash5. No equipment was sold during 20126. Land was sold at cost during 2012