Check my work 13 Presented below is the 2018 income statement and comparative balance sheet information for Tiger Enterprises TIGER ENTERPRISES Income Statement For the Year Ended December 31, 2018 ($ in thousands) 0.55 points Sales revenue Operating expenses: $7,500 Skipped $3,500 250 150 1,900 Cost of goods sold Depreciation Insurance Administrative and other eBook Total operating expenses 5.800 Income before income taxes Income tax expense Net income 1,700 680 Hint Print $1,020 Dec. 31,2018 Dec. 31, 2017 Balance Sheet Information ($ in thousands) Assets: Cash Accounts receivable Inventory Prepaid insurance Plant and equipment References $ 320 755 655 60 2,200 (860 $3,130 $ 210 840 610 25 1,850 Less: Accumulated depreciation (610) Total assets $2,925 Liabilities and Shareholders' Equity: Accounts payable Payables for administrative and other expenses Income taxes payable Note payable (due 12/31/2019) Common stock Retained earnings 305 305 205 860 920 535 3,130 $ 370 160 650 810 525 Total 1iabilities and shareholders' equity $2,925