Comparative balance sheets for 2018 and 2017 and a statement of income for 2018 are given...

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Comparative balance sheets for 2018 and 2017 and a statement of income for 2018 are given below for Metagrobolize Industries. Additional information from the accounting records of Metagrobolize also is provided. METAGROBOLIZE INDUSTRIES Comparative Balance Sheets December 31, 2018 and 2017 ($ in 000s) Assets Cash Accounts receivable Inventory Land Building Less: Accumulated depreciation Equipment Less: Accumulated depreciation Patent Liabilities Accounts payable Accrued expenses payable Lease liability-land 2018 2017 $ 490 $ 280 570 300 720 405 750 720 700 700 (300) (260) 3,050 2,810 (376) (340) 1,100 1,300 $ 6,704 $ 5,915 820 $ 520 260 225 130 e Comparative balance sheets for 2018 and 2017 and a statement of income for 2018 are given below for Metagrobolize Industries. Additional information from the accounting records of Metagrobolize also is provided. METAGROBOLIZE INDUSTRIES Comparative Balance Sheets December 31, 2018 and 2017 ($ in 000s) Assets Cash Accounts receivable Inventory Land Building Less: Accumulated depreciation Equipment Less: Accumulated depreciation Patent Liabilities Accounts payable Accrued expenses payable Lease liability-land 2018 2017 $ 490 $ 280 570 300 720 405 750 720 700 700 (300) (260) 3,050 2,810 (376) (340) 1,100 1,300 $ 6,704 $ 5,915 820 $ 520 260 225 130 e