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Complete the comparative income statement and balance sheet for Logic Company. (Input all answers as positive values except decrease answers which should be indicated by a minus sign. Round your "percent" answers to the nearest hundredth percent.)

LOGIC COMPANY Comparative Balance Sheet December 31, 2014 and 2015
	2015			2014
	Amount		Percent	Amount		Percent
Assets
Current assets:
Cash	$	11,800		$	8,800
Accounts receivable		16,300			12,300
Merchandise inventory		8,300			13,800
Prepaid expenses		23,800			9,800
Total current assets	$	60,200		$	44,700
Plant and equipment:
Building (net)	$	14,300		$	10,900
Land		13,300			8,800
Total plant and equipment	$	27,600		$	19,700
Total assets	$	87,800		$	64,400
Liabilities
Current liabilities:
Accounts payable	$	12,800		$	6,800
Salaries payable		6,800			4,800
Total current liabilities	$	19,600		$	11,600
Long-term liabilities:
Mortgage note payable		21,800			20,300
Total liabilities	$	41,400		$	31,900
Stockholders Equity
Common stock	$	20,800		$	20,800
Retained earnings		25,600			11,700
Total stockholders equity	$	46,400		$	32,500
Total liabilities and stockholders equity	$	87,800		$	64,400

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