Comparative balance sheets for 2018 and 2017 and a statement of Income for 2018 are glven below for Metagrobollze Industries. Additional Information from the accounting records of Metagrobolize also is provided. METAGROBOLIZE INDUSTRIES Comparative Balance Sheets December 31, 2818 and 2817 (S in 888s) 2818 2817 Assets $530255 348 Accounts receivable 650 808 608 900 Building 900 3,258 3,858 1,508 1,658 $ 7,578 6,588 $980688 Less: Accunulated depreciation (28) (175) (46) (428) Less: Accunulated depreciation Patent Liabilities Accounts payable Accrued expenses payable Lease liability-1and Shareholders' Equity Conmon stock Paid- Retained earnings 308 138 3,628 3,508 2,878 1,798 $ 7,578 6,588 in capital-excess of par 558 METAGROBOLIZE INDUSTRIES Income Statement For the Year Ended December 31, 2818 (S in 888s) $ 3,e48 Sales revenue Gain on sale of land 65 3,185 Cost of goods sold $ 1,108 580 Loss on sale of equipment Amortization of patent Operating expenses $ 358 2,238 $ 875 Net income Addlitional Information from the accouwntina records