Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 Assets Cash This Year Last Year $ 32 $ 11 295 228 150 196 8 5 485 440 513 435 (81) (71) 432 364 32 $836 Accounts receivable Inventory. Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Long-term investments Total assets Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 26 $ 943. $ 303 73 173 449 200 649 165 129 294 $ 943 Heaver Company Incone Statement For This Year Ended December 31 Sales $751 Cost of goods sold 446 Grosa nargin 305 Selling and administrative expenses Net operating income Nonoperating items 220 85