Amounts are in thousands of dollars (except number of shares and price per share) Kiwi Fruit Company Balance Sheet Cash and equivalents Operating assets Property, plant, and equipment Other assets Total assets $340 690 2,700 130 $3,860 Current liabilities Long-term debt Other liabilities Total liabilities Paid in capital Retained earnings Total equity Total liabilities and equity $ 920 1,030 140 $2,090 $360 1.410 $ 1,770 $3,860 Kiwi Fruit Company Income Statement Net sales Cost of goods sold Gross profit Operating expense Operating income Other income Net interest expense Pretax income Income tax $8,400 (6,500) $1,900 830 $1,070 125 200 995 215 Net income 780 Earnings per share Shares outstanding Recent price $2.50 312,000 $ 28.00