Condensed financial data of Nash Company for 2017 and 2016 are presented below NASH COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2017 AND 2016 Cash Receivables Inventory Plant assets Accumulated depreciation Long-term investments (held-to-maturity) 2017 $1,830 1,720 2016 $1,140 1,280 1,900 1,690 1,610 1,870 (1,210) (1,190 ) 1,270 $7,090 1,410 $6,230 Accounts payable Accrued liabilities Bonds payable Common stock Retained earnings $1,230 200 1,410 1,880 2,370 $7,090 $910 250 1,540 1,710 1,820 $6,230 NASH COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2017 Sales revenue Cost of goods sold Gross margin Selling and administrative expenses Income from operations Other revenues and gains $6,880 4,680 2,200 930 1,270