Use the Information Provided from Haloid Company's Accounting Records to Answer

Use the information provided from Haloid Company's accounting records to answer questions
For the Years Ended December 31, 2018, and 2017
$\begin{array}{lrr}\text { Assets }&2018&2017\\\text { Cash } & \$ 80 & \$ 60 \\\text { Accounts receivable } & 40 & 40 \\\text { Short-term investment in property } & 40 & 60 \\\text { Property, plant, and equipment } & \underline{350} & \underline{310} \\\quad \text { Total assets } & \underline{\underline{510}} & \underline{\$ 470}\\\text { Liabilities and Shareholders' Equity }\\\text { Accounts payable } & \$ 85 & \$ 90 \\\text { Contributed capital } & 310 & 300 \\\text { Retained earnings } & 115 & 80 \\\text { Total liabilities \& shareholders' equity } & \$ 510& \$ 470\\\text { Income Statement: }\\\text { Sales revenue } & \$ 850 \\\text { Expenses } & \$ 800 \\\text { Net Income } & \$ \underline{50}\end{array}$
-Comment on the following statement: "On December 31, 2018, Haloid's accounts payable exceeds its cash by $5. If Haloid needs additional money to pay its accounts payable, it can use the $115 stashed in its retained earnings".