Barry Computer Company: Balance Sheet as of December 31, 2019 (In Thousands) Cash $ 77,500 Accounts payable $129,000 Receivables 336,000 Other current liabilities 117,000 Inventories 241,500 Notes payable to bank 84,000 Total current assets $655,000 Total current liabilities $330,000 Long-term debt 256,500 Net fixed assets Total assets 292,500 $947,500 Common equity (36,100 shares) 361,000 Total liabilities and equity $947,500 Barry Computer Company: Income Statement for Year Ended December 31, 2019 (in Thousands) Sales $1,607,500 Cost of goods sold Materials $717,000 Labor 453,000 Heat, light, and power 68,000 Indirect labor 113,000 Depreciation 41,500 1,392,500 Gross profit $ 215,000 Selling expenses 115,000 General and administrative expenses Earnings before interest and taxes (EBIT) Interest expense Earnings before taxes (EBT) 30,000 $ 70,000 21,000 49,000