1

balance sheets for 2016 and 2015 and the statement of income for 2016 are given below for Dux Company. Additional information from Dux's accounting records is provided also. DUX COM December 31, 2016 and 2015 (S in 000s) 16 2015 Cash $ 71 26 24 35 30 17 12 55 45 252 260 (46) (60) Land Accumulated depreciation $ 412 $364 Liabilities Salaries payable Notes payable S14 $18 10 100 Bonds payable 75 Less: Discount on bonds Sh Equity 210 200 24 20 49 40 (5) 0 stock Paid-in Retained earn of par $412 $364