Data for Barry Computer Co. and its industry averages follow. Barry Computer Company: Balance Sheet as of December 31, 2016 (In Thousands) Cash Receivables Inventories Accounts payable Other current liabilities Notes payable to bank 5202,675 571,175 405,350 current assets1,179,200 Total current liabilities Long-term debt Common equity Total liabilities and equity 5294,800 239,525 128,975 5663,300 $534,325 644,875 $1,842,500 Net fixed assets 663,300 Total assets 51,842,500 Barry Computer Company: Income Statement for Year Ended December 31, 2016 (In Thousands) Sales $2,750,000 Cost of goods sold Materials Labor Heat, light, and power Indirect labor Depreciation $1,155,000 605,000 192,500 275,000 110,000 2,337,500 s 412,500 275,000 82,500 $55,000 42,746 $12,254 4,902 $ 7,352 Gross profit Selling expenses General and administrative expenses Earnings before interest and taxes (EBIT) Interest expense Earnings before taxes (EBT) Federal and state income taxes (40%) Net income