ABRAHAMS MANUFACTURING COMPANY 2016 AND 2017 BALANCE SHEETS 2009 2010 2009 2010 85,000 90,000 68,000 63,000 Cash Accounts Receivable Inventory Prepaid Expenses Total Current Assets Net Plant & Equipment $89,000 $100,000 Accounts Payable 64,000 70,000 Accrued Liabilities 10,000 10,000 Mortgage payable $245,000Retained Earnings 112,000 100,000 Total Current Liabilities $153,000 $153,000 70,000 $275,000 $280,000 Common Stock $198,000 205,000 325,000 45,000 47,000 Total Assets $473,000 $525,000 Total Liabilities & Equity $473,000 $525,000 ABRAHAMS MANUFACTURING COMAPNY 2017 INCOME STATEMENT Sales (all credit) Cost of Goods Sold Gross Profit Selling General & Admin Exp Depreciation Operating Income (EBIT) Interest Expense Taxable Income (EBT) Taxes (34%) Net Income $ 184,000 60,000 $ 124,000 44,000 26,000 $54,000 4,000 $ 50,000 16,000 34,000 PART B. Prepare in proper form a Sources and Uses of Funds Statement and Cash Reconciliation using the information provided in the supplement for Abraham Mfg