Airspace Technologies Inc. Comparative Balance Sheet Information November BO (millions of $) 2020 2019 Cash $ 65 $ 16 Accounts receivable (net) 114 52 Inventory 196 232 Prepaid rent 76 40 plant and equipment (net) 760 788 Accounts payable 100 57 Accrued liabilities 88 124 Income tax payable 21 9 Preferred shares 124 124 Common shares 244 244 Retained earnings 602 558 2018 $ 28 40 192 28 820 47 81 16 124 244 600 Airspace Technologies Inc. Income Statement For Year Ended November 30 (millions of $) 2020 Net sales $1,280 Cost of goods sold 4761 76h Gross profit $ 804 Operating expenses: Depreciation expense $ 56 Other expenses 488 Total operating expenses 544 Profit from operations $ 260 Interest expense 25 Income tax expense 32 2019 $1,064 404 $ 660 $ $ 56 332 388 272 15 34 $ Airspace Technologies Inc. Comparative Balance Sheet Information November BO (millions of $) 2020 2019 Cash $ 65 $ 16 Accounts receivable (net) 114 52 Inventory 196 232 Prepaid rent 76 40 plant and equipment (net) 760 788 Accounts payable 100 57 Accrued liabilities 88 124 Income tax payable 21 9 Preferred shares 124 124 Common shares 244 244 Retained earnings 602 558 2018 $ 28 40 192 28 820 47 81 16 124 244 600 Airspace Technologies Inc. Income Statement For Year Ended November 30 (millions of $) 2020 Net sales $1,280 Cost of goods sold 4761 76h Gross profit $ 804 Operating expenses: Depreciation expense $ 56 Other expenses 488 Total operating expenses 544 Profit from operations $ 260 Interest expense 25 Income tax expense 32 2019 $1,064 404 $ 660 $ $ 56 332 388 272 15 34 $