8 Income Statement For the Year Ended December 31, 2018 (S in 10 Sales revenue Operating expenses $8,080 Cost of goods sold 3,540 Depreciation Insurance 280 1,980 Administrative and other Total operating expenses 6,220 Income before income taxes Income tax expense Net ineome 1,860 Hint $1,080 Dec. 31, 2017 Print Balance Sheet Information (s in thousands) Dec. 31,2018 Cash Accounts receivable Inventory Prepaid insurance Plant and equipment 480 930 820 140 3,000 s 380 1,010 110 2,700 Less: Accumulated depreciation (1.200) Total assets 4,170 $4,200 Liabilities and Shareholders Equity Payables for Note payable (due 12/31/2019) Retained earnings 480 480 $ 540 strative and other expenses 330 780 980 1,080 Total liabilities and shareholders equity 4,170 $4,200 Prev 8 of 11 Next>