A The financial statements of Resolute Inc. are presented here: RESOLUTE INC. Statement of Financial Position December 31 2015 2014 13,000 5,000 Accounts receivable Merchandise inventory Property, plant, and equipment Accumulated depreciation (30,000) Goodwi Total assets $133.000 Liabilities and Shareholders' E Accounts payable 17,000 Salaries payable Income tax payable Bank loan payable Common shares Retained earnings 28.250 Accumulated other comprehensive income $119,000 Total liabilities and shareholders equity $133,000 RESOLUTE INC. Income Statement Year Ended December 31, 2015 $256,000 140.000 Cost of goods sold Operating expenses Profit from operations Interest expense Profit before income tax ncome tax expense al information inally cost $12,000 a