Corbin Company. Need help.

Problem 18-6A The comparative statements of Corbin Company are presented below CORBIN COMPANY Income Statement For the Years Ended December 31 2017 2016 Net sales (all on account) $600,500 $520,800 Expenses Cost of goods sold Selling and administrativee Interest expense Income tax expense 414,600 119,900 7,800 17,900 560,200 $40,300 353,300 113,000 6,300 14,200 486,800 $34,000 Total expenses Net income CORBIN COMPANY Balance Sheets December 31 Assets 2017 2016 Current assets Cash Short-term investments Accounts receivable (net) Inventory 20,800 18,600 86,400 89,900 215,700 422,000 $637,700 $17,100 14,300 73,400 69,100 173,900 383,800 $557,700 Total current assets Plant assets (net) Total assets Liabilities and Stockholders' Equity