Financial Statements A list of accounts for Maple Inc. at December 31, 2017, follows: Accounts Receivable $2,317 Land Advertising Expense 4,610 Net purchases Buildings and Equipment, Net 55,510 Retained Earnings, January 1, 2017 Capital Stock 51,000 Salaries Expense Cash 500 Salaries Payable Depreciation Expense 2,370 Net sales Dividends 6,100 Transportation-In Income Tax Expense 3,300 Utilities Expense Income Tax Payable 3,260 Interest Receivable 90 Inventory: January 1, 2017 6,360 December 31, 2017 7,450 Required: 1. Determine cost of goods sold for 2017. 2. Determine net income for 2017. 3. Prepare a balance sheet dated December 31, 2017. Maple Inc. $20,070 39,370 31,410 25,520 650 83,675 298 3,580 eBook Current assets: Total current assets Property, plant, and equipment: Total property, plant, and equipment Liabilities Stockholders' Equity. Total assets Current liabilities: Total liabilities Total stockholders' equity Total liabilities and stockholders' equity 00