Financial statements for Askew Industries for 2018 are shown below (in $000's): 2018 Income Statement $ 9,600 (6,450 3,150 Sales Cost of goods sold Gross profit Operating expenses Interest expense Tax expense (2,150) (260) (296) Net income $ 444 Comparative Balance Sheets Dec. 31 20182017 Assets Cash Accounts receivable Inventory Property, plant, and equipment (net) $ 660 $ 560 460 660 2,6002,700 $4,780 $4,380 660 860 Liabilities and Shareholders Equity Current liabilities Bonds payable Paid-in capital Retained earnings $1,460 $1,210 1,700 1,700 660 960810 660 4,780 $4,380