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es Selected comparative financial statements of Haroun Company follow. HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2021-2015 (5 thousands) Sales 2021
es Selected comparative financial statements of Haroun Company follow. HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2021-2015 (5 thousands) Sales 2021 2020 2019 2018 2017 2016 2015 $ 2,535 $2,220 Cost of goods sold 1,823 1,483 $ 2,020 1,275 $ 1,852 $ 1,728 $ 1,607 $1,317 Gross profit 712 737 745 1,116 736 1,037 970 773 691 637 544 Operating expenses Net income 542 $170 424 389 287 249 245 204 $313 $356 $449 $ 442 $ 392 $340 HAROUN COMPANY Comparative Year-End Balance Sheets December 31, 2021-2015 ($ thousands) Assets Cash Accounts receivable, net Merchandise inventory Other current assets 2021 2020 2019 2018 2017 2016 2015 $126 $167 $173 $ 177 $ 184 $181 $187 906 3,279 952 2,387 862 2,086 661 1,758 582 1,579 551 389 1,341 972 Long-term investments 84 0 76 0 47 83 71 72 37 e 258 Plant assets, net 4,013 3,997 3,496 1,973 258 2,038 258 1,813 258 Tatal assets $8,408 $ 7,579 $ 6,664 $ 4,910 $4,712 $ 4,216 1,557 $3,400 Liabilities and Equity Current liabilities 2,113 $ 1,777 Long-term Liabilities 2,260 1,968 Common stock 1,530 1,538 $ 1,166 1,915 1,530 $970 889 1,360 $841 908 $ 796 984 $533 738 1,360 1,190 1,190 Other paid in capital 383 Retained earnings 2,122 383 1,921 383 1,670 340 1,351 340 1,263 298 948 298 661 Total liabilities and equity $ 8,408 $ 7,579 $ 6,664 $ 4,910 $4,712 $ 4,216 $3,400 Required:
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