Comparalive financial statement data for Carmono Company follow Assets Cash Accounts receivable Inventory $ 7.50 $ 14.00 50.00 43.00 92.50 79.20 Total current assets 150.00 136.20 Property, plant, and equipment 231.00 194.00 45.60 34.20 185.40 159.80 $335.40 $296.00 Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings $ 5550 $ 46.00 118.00 91.00 161.90159.00 Total liabilities and stockholders equity $ 33540 $296.00 For this year, the company reported net income as follows Sales Cost of goods sold 850,00 510 00 40.00 Gross margin Seling and administrative expenses820 Net income s 2000 s year Camono dedared and paid a casn dvidene There were no sales of property plent vn stock this year an