Current Yr 1 Yr Ago 2 Yrs Ago At December 31 $ 31,900 $ 34,000 $ 37,700 89,400 62,300 55,000 22,087 84,100 59,800 10,640 8,940 4,111 405,973 240,660 213,389 $560,000 $430,000 $370,000 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $136,651 $ 70,490 $ 48,352 106,333 100,878 79, 317 162,500 162,500 162,500 154,516 96,132 79,831 $560,000 $430,000 $370,000 es The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Current Yr $728,000 $444,080 225,680 12,376 9,464 691,600 $ 36,400 1 Yr Ago $511,700 $332,685 129,460 11,769 7,676 481,510 $ 30,190 $ 2.24 $ 1.86 Earnings per share Current Yr 1 Yr Ago 2 Yrs Ago At December 31 $ 31,900 $ 34,000 $ 37,700 89,400 62,300 55,000 22,087 84,100 59,800 10,640 8,940 4,111 405,973 240,660 213,389 $560,000 $430,000 $370,000 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $136,651 $ 70,490 $ 48,352 106,333 100,878 79, 317 162,500 162,500 162,500 154,516 96,132 79,831 $560,000 $430,000 $370,000 es The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Current Yr $728,000 $444,080 225,680 12,376 9,464 691,600 $ 36,400 1 Yr Ago $511,700 $332,685 129,460 11,769 7,676 481,510 $ 30,190 $ 2.24 $ 1.86 Earnings per share