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Confused on this, as I do not see sales - cost unless it is the total income it is giving Assets 2007 2008 Cash $

Confused on this, as I do not see sales - cost unless it is the total income it is giving

Assets
2007
2008
Cash
$ 13,221
$ 11,729
Accounts receivables
31,323
37,909
Inventory
77,244
91,617
Total current assets
$121,788
$141,255
Net fixed assets
344,712
390,836
Total assets
$466,500
$532,091
Liabilities and Stockholders' Equity
Accounts payable
$ 38,549
$ 42,881
Notes payable
12,004
16,753
Deferred taxes
21,934
16,788
Total current liabilities
$ 72,487
$ 76,422
Long-term debt
78,445
61,290
Common stock
125,000
175,000
Retained earnings
190,568
219,379
Total liabilities and stockholders' equity
$466,500
$532,091
The company had a net income of $248,462, and depreciation expenses were equal to $72,487.

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